IMCD (OTC:IMCDY) Stock Price Up 0.8% – Here’s Why

IMCD (OTC:IMCDY) shot up 0.8% during trading on Wednesday . The company traded as high as $71.33 and last traded at $70.15. 9,371 shares changed hands during trading, an increase of 16% from the average session volume of 8,052 shares. The stock had previously closed at $69.59.

Analyst Ratings Changes

Separately, HSBC upgraded IMCD to a “buy” rating in a report on Tuesday, March 4th.

IMCD Trading Up 0.8 %

The stock has a 50 day moving average price of $75.07 and a two-hundred day moving average price of $78.06.

About IMCD

IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific. The company provides adhesives, core materials, filler reinforcements, flame retardants, masterbatch, modifiers, operating materials, pigments, plasticizers, processing aids, PUR raw materials, rubber elastomers, solvents, stabilizers, thermoplastic elastomers, thermoplastics, thermoplastics, and other additives.