Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Short Interest Down 37.8% in April

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 82,552 shares, a decline of 37.8% from the April 15th total of 132,744 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 237,230 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on HCMLY. Royal Bank Of Canada reissued a “sector perform” rating on shares of Holcim in a research note on Monday, April 27th. DZ Bank upgraded Holcim from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. The Goldman Sachs Group raised Holcim from a “hold” rating to a “buy” rating in a research report on Thursday, April 9th. BNP Paribas Exane upgraded Holcim from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Finally, Citigroup raised Holcim from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 5th. Four analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Holcim presently has an average rating of “Buy” and an average target price of $16.80.

Holcim Trading Down 5.8%

Shares of HCMLY stock traded down $1.12 during trading hours on Friday, hitting $18.30. 74,310 shares of the company were exchanged, compared to its average volume of 99,252. The firm has a fifty day moving average of $17.53 and a 200 day moving average of $18.44. The company has a current ratio of 1.32, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49. Holcim has a 1 year low of $15.14 and a 1 year 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.