Holcim (OTCMKTS:HCMLY) Shares Gap Up – Should You Buy?

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) gapped up prior to trading on Friday. The stock had previously closed at $15.71, but opened at $16.4280. Holcim shares last traded at $16.3850, with a volume of 6,182 shares.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Holcim in a report on Friday, July 3rd. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $16.80.

Holcim Price Performance

The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.84 and a current ratio of 1.09. The firm has a 50 day moving average of $16.61 and a two-hundred day moving average of $17.80.

About Holcim

Holcim Ltd. is a Switzerland-based global building materials and solutions company. Its products and services support residential, commercial and infrastructure construction, with operations spanning cement, aggregates, ready-mix concrete and related building solutions.

The company also provides value-added products such as roofing systems, insulation, facade solutions and other materials designed to improve the performance, durability and sustainability of buildings. Holcim serves customers including construction companies, contractors, developers, distributors and infrastructure operators.

Holcim traces its history to Switzerland and expanded significantly through international growth and acquisitions.