Holcim (OTCMKTS:HCMLY) Hits New 52-Week Low – What’s Next?

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY – Get Free Report) hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $15.39 and last traded at $15.44, with a volume of 6402 shares. The stock had previously closed at $15.86.

Analyst Ratings Changes

A number of research firms have recently weighed in on HCMLY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Holcim in a research note on Friday, July 3rd. BNP Paribas Exane raised Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Holcim currently has an average rating of “Buy” and an average target price of $16.80.

View Our Latest Analysis on HCMLY

Holcim Trading Down 2.6%

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 company has a fifty day moving average price of $17.39 and a 200-day moving average price of $17.89.

Holcim Company Profile

(Get Free Report)

Holcim Ltd. is a Switzerland-based global building materials and solutions company. Its main products include cement, aggregates and ready-mix concrete, along with building systems and specialized solutions used in construction, infrastructure and renovation projects.

The company serves customers through operations and commercial activities across Europe, Latin America, Asia and Africa. Holcim also develops lower-carbon construction products and circular building solutions, including materials designed to reduce emissions and incorporate recycled construction materials.

Holcim traces its history to 1912, when it was established as Holderbank in Switzerland, and adopted the Holcim name in 2001.

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