Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Short Interest Down 21.7% in March

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 19,454 shares, a drop of 21.7% from the February 26th total of 24,857 shares. Based on an average daily trading volume, of 570,355 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. DZ Bank lowered shares of Holcim from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 16th. Citigroup raised Holcim from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Holcim in a research note on Monday, January 12th. Jefferies Financial Group cut Holcim from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. Finally, BNP Paribas Exane downgraded Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 target price for the company. in a research note on Thursday, December 4th. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Holcim presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.80.

Holcim Stock Performance

Holcim stock traded up $0.18 during mid-day trading on Monday, reaching $16.32. The company had a trading volume of 46,197 shares, compared to its average volume of 183,526. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.49 and a quick ratio of 1.21. The company has a 50 day moving average of $18.32 and a 200-day moving average of $18.15. Holcim has a 52 week low of $15.14 and a 52 week high of $30.00.

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.