Holcim (OTCMKTS:HCMLY) Shares Gap Up – What’s Next?

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) gapped up before the market opened on Thursday . The stock had previously closed at $18.47, but opened at $18.97. Holcim shares last traded at $19.0180, with a volume of 4,700 shares trading hands.

Analyst Ratings Changes

Several research firms have recently commented on HCMLY. BNP Paribas lowered shares of Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price target for the company. in a report on Thursday, December 4th. Zacks Research upgraded Holcim from a “strong sell” rating to a “hold” rating in a report on Thursday, August 28th. Jefferies Financial Group cut shares of Holcim from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. The Goldman Sachs Group started coverage on shares of Holcim in a research report on Thursday, September 4th. They issued a “buy” rating on the stock. Finally, UBS Group raised shares of Holcim from a “hold” rating to a “buy” rating in a report on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $16.80.

Holcim Trading Up 2.7%

The firm’s 50-day moving average price is $17.58 and its two-hundred day moving average price is $19.40. The company has a quick ratio of 1.21, a current ratio of 1.49 and a debt-to-equity ratio of 0.59.

About Holcim

Holcim AG, together with its subsidiaries, operates as a building materials and solutions company worldwide. It operates through North America; Latin America; Europe; Asia, Middle East & Africa; and Solutions & Products segments. The company offers cement, clinker, and other cementitious materials; ready-mix concrete; aggregates, such as crushed stone, gravel, and sand; and precast, concrete products, asphalts, mortars, roofing systems, insulation tile adhesives, facade solutions, and contracting and services.