Umicore (OTCMKTS:UMICY) Sets New 1-Year High - What's Next?

Umicore S.A. - Unsponsored ADR (OTCMKTS:UMICY - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $4.53 and last traded at $4.52, with a volume of 41529 shares. The stock had previously closed at $4.47.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Jefferies Financial Group raised shares of Umicore to a "buy" rating in a report on Monday, June 16th. Cfra Research raised shares of Umicore from a "moderate sell" rating to a "hold" rating in a report on Wednesday, July 2nd. Oddo Bhf raised shares of Umicore to a "neutral" rating in a report on Thursday, April 3rd. Finally, The Goldman Sachs Group raised shares of Umicore to a "buy" rating in a report on Monday, June 9th.

Umicore Trading Down 2.3%

The business's fifty day simple moving average is $3.46 and its 200-day simple moving average is $2.75. The firm has a market cap of $4.13 billion and a P/E ratio of 5.07.

Umicore Company Profile

Umicore SA operates as a materials technology and recycling company in Belgium, rest of Europe, the Asia-Pacific, North America, South America, and Africa. It operates through Catalysis, Energy & Surface Technologies, and Recycling segments. The Catalysis segment provides automotive catalysts for gasoline, and diesel light and heavy-duty diesel applications, including on-road and non-road vehicles; stationary catalysis for industrial emissions control; and produces precious metals-based compounds and catalysts for use in the pharmaceutical and fine chemicals industries, as well as fuel cell applications.