Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Short Interest Update

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totaling 73,533 shares, a drop of 44.7% from the November 30th total of 133,038 shares. Based on an average daily volume of 238,329 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 238,329 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on HCMLY shares. Morgan Stanley reiterated an “overweight” rating on shares of Holcim in a research report on Monday, October 27th. UBS Group upgraded shares of Holcim from a “hold” rating to a “buy” rating in a report on Tuesday, October 14th. Jefferies Financial Group downgraded Holcim from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 3rd. The Goldman Sachs Group started coverage on Holcim in a report on Thursday, September 4th. They set a “buy” rating on the stock. Finally, BNP Paribas cut Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price target for the company. in a research note on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.80.

Holcim Stock Up 0.3%

Shares of Holcim stock opened at $19.69 on Friday. The business has a 50-day moving average price of $18.25 and a two-hundred day moving average price of $19.15. Holcim has a 1-year low of $15.14 and a 1-year high of $30.00. The company has a current ratio of 1.49, a quick ratio of 1.21 and a debt-to-equity ratio of 0.59.

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.