Umicore (OTCMKTS:UMICY) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Umicore SA (OTCMKTS:UMICYGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $2.57 and traded as low as $2.46. Umicore shares last traded at $2.48, with a volume of 83,409 shares trading hands.

Umicore Stock Down 7.8 %

The business’s fifty day moving average is $2.57 and its two-hundred day moving average is $2.81.

About Umicore

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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.

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