Umicore (OTCMKTS:UMICY) Shares Pass Below 50-Day Moving Average – Time to Sell?

Umicore SA (OTCMKTS:UMICYGet Free Report)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.75 and traded as low as $2.54. Umicore shares last traded at $2.59, with a volume of 336,182 shares trading hands.

Umicore Price Performance

The stock’s 50-day moving average is $2.74 and its 200 day moving average is $3.11.

About Umicore

(Get Free Report)

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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