Holcim (OTCMKTS:HCMLY) Reaches New 1-Year Low – What’s Next?

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY – Get Free Report)’s stock price hit a new 52-week low during trading on Wednesday. The company traded as low as $15.31 and last traded at $15.31, with a volume of 5189 shares changing hands. The stock had previously closed at $15.63.

Analyst Ratings Changes

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

Read Our Latest Stock Report on HCMLY

Holcim Trading Down 2.7%

The firm’s fifty day moving average is $17.20 and its 200 day moving average is $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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