Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Short Interest Down 42.8% in February

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLYGet Free Report) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 44,484 shares, a drop of 42.8% from the January 29th total of 77,754 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 492,033 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 492,033 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Holcim Trading Down 4.0%

Shares of OTCMKTS HCMLY traded down $0.74 during mid-day trading on Monday, hitting $17.58. 25,159 shares of the stock were exchanged, compared to its average volume of 147,413. Holcim has a twelve month low of $15.14 and a twelve month high of $30.00. The stock’s fifty day simple moving average is $19.57 and its two-hundred day simple moving average is $18.17. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.21 and a current ratio of 1.49.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Holcim in a research note on Monday, January 12th. Jefferies Financial Group downgraded Holcim from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. Citigroup reissued a “neutral” rating on shares of Holcim in a report on Tuesday, January 13th. DZ Bank lowered Holcim from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. Finally, BNP Paribas Exane cut Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 target price for the company. in a research report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $16.80.

Read Our Latest Stock Analysis on HCMLY

Holcim Company Profile

(Get Free Report)

Holcim is a global building materials and solutions company headquartered in Switzerland that produces and supplies cement, aggregates, ready-mix concrete, asphalt and a range of prefabricated and construction-related products and services. Its offerings are aimed at construction and infrastructure markets, serving contractors, developers, municipalities and industrial customers with materials for residential, commercial and civil engineering projects.

The company traces its modern form to the 2015 combination of Swiss cement maker Holcim and France’s Lafarge, which created one of the world’s largest building-materials groups; the combined enterprise later simplified its name to Holcim.

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