Short Interest in Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Decreases By 17.1%

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 59,574 shares, a decline of 17.1% from the December 31st total of 71,851 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 151,441 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 151,441 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Holcim Price Performance

Shares of Holcim stock opened at $20.76 on Wednesday. The company’s fifty day moving average is $19.47 and its two-hundred day moving average is $18.19. Holcim has a 1 year low of $15.14 and a 1 year high of $30.00. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.49 and a quick ratio of 1.21.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on HCMLY. BNP Paribas Exane downgraded shares of Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 target price on the stock. in a research note on Thursday, December 4th. Morgan Stanley reiterated an “overweight” rating on shares of Holcim in a research report on Monday, October 27th. UBS Group raised shares of Holcim from a “hold” rating to a “buy” rating in a report on Tuesday, October 14th. The Goldman Sachs Group downgraded shares of Holcim from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Finally, Jefferies Financial Group downgraded Holcim from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $16.80.

Holcim Company Profile

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.