Umicore (OTCMKTS:UMICY) Stock Passes Below Fifty Day Moving Average of $8.82

Umicore SA (OTCMKTS:UMICYGet Rating) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $8.82 and traded as low as $7.73. Umicore shares last traded at $7.76, with a volume of 82,738 shares traded.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lowered shares of Umicore from a “neutral” rating to an “underweight” rating in a research report on Wednesday, December 7th.

Umicore Price Performance

The business’s 50-day simple moving average is $8.82 and its two-hundred day simple moving average is $8.53.

Umicore Company Profile

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Umicore engages in the materials technology business. It operates through the following business segments: Catalysis, Energy & Surface Technologies, Recycling, and Corporate. The Catalysis segment is consist of automotive catalysts for gasoline and diesel light and heavy duty diesel applications, including on-road and non-on-road vehicles.

Further Reading

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