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

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

Analyst Upgrades and Downgrades

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

Holcim Stock Performance

Shares of HCMLY stock opened at $16.14 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.21 and a current ratio of 1.49. Holcim has a 1 year low of $15.14 and a 1 year high of $30.00. The business has a fifty day moving average of $18.32 and a 200 day moving average of $18.14.

About Holcim

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.