Short Interest in Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Declines By 42.8%

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) was the target of a significant drop in short interest in 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. Based on an average daily volume of 492,033 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 492,033 shares, the days-to-cover ratio is presently 0.1 days.

Holcim Stock Down 1.3%

OTCMKTS:HCMLY opened at $18.32 on Friday. Holcim has a 1 year low of $15.14 and a 1 year high of $30.00. The company has a quick ratio of 1.21, a current ratio of 1.49 and a debt-to-equity ratio of 0.59. The stock has a 50-day simple moving average of $19.57 and a 200-day simple moving average of $18.16.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on HCMLY. Citigroup reaffirmed a “neutral” rating on shares of Holcim in a research note on Tuesday, January 13th. BNP Paribas Exane lowered Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price objective on the stock. in a research report on Thursday, December 4th. DZ Bank cut Holcim from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. Jefferies Financial Group cut Holcim from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Holcim in a research note on Monday, January 12th. Two research 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 issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.