Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 98,010 shares, a growth of 1,005.8% from the August 31st total of 8,863 shares. Based on an average trading volume of 341,334 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are short sold.
Holcim Stock Down 1.1%
Shares of HCMLY traded down $0.18 during mid-day trading on Thursday, reaching $16.10. 362,777 shares of the company were exchanged, compared to its average volume of 157,488. Holcim has a 52 week low of $15.45 and a 52 week high of $21.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.32 and a quick ratio of 1.09. The business has a 50 day simple moving average of $17.56 and a two-hundred day simple moving average of $17.90.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on HCMLY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Holcim in a research note on Friday, July 3rd. BNP Paribas Exane raised shares of Holcim from a “neutral” rating to an “outperform” rating in a research note on Friday, June 19th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $16.80.
About Holcim
Holcim Ltd. is a Switzerland-based global building materials company that supplies products and solutions used in residential, commercial and infrastructure construction. Its offerings include cement, aggregates, ready-mix concrete and precast products, as well as roofing systems and other building solutions.
The company serves construction customers across Europe, Latin America, Asia and Africa through a network of manufacturing facilities, distribution operations and brands. Holcim also focuses on lower-carbon construction through alternative fuels, recycled materials, products designed to reduce embodied carbon and solutions that support the circular use of building materials.
Holcim traces its origins to 1912, when it was established in Switzerland as Holderbank.
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