Holcim (OTCMKTS:HCMLY) Shares Gap Down – What’s Next?

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $18.80, but opened at $17.94. Holcim shares last traded at $17.89, with a volume of 809 shares trading hands.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Royal Bank Of Canada restated a “sector perform” rating on shares of Holcim in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Holcim in a report on Friday, July 3rd. The Goldman Sachs Group raised shares of Holcim from a “hold” rating to a “buy” rating in a research report on Thursday, April 9th. DZ Bank raised shares of Holcim from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Finally, BNP Paribas Exane raised Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th. Three analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Holcim presently has a consensus rating of “Buy” and an average price target of $16.80.

Read Our Latest Research Report on HCMLY

Holcim Stock Performance

The firm’s 50-day moving average price is $18.73 and its 200-day moving average price is $18.56. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.32 and a quick ratio of 1.09.

Holcim Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Holcim Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Holcim and related companies with MarketBeat.com's FREE daily email newsletter.