Holcim (OTCMKTS:HCMLY) Stock Passes Below Fifty Day Moving Average – Here’s Why

Holcim AG (OTCMKTS:HCMLY) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $21.52 and traded as low as $20.03. Holcim shares last traded at $20.47, with a volume of 100,229 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Barclays restated an “underweight” rating on shares of Holcim in a report on Wednesday, March 5th. Citigroup cut shares of Holcim from a “strong-buy” rating to a “neutral” rating in a research note on Monday, March 10th.

Holcim Stock Performance

The company has a debt-to-equity ratio of 0.46, a current ratio of 1.23 and a quick ratio of 0.89. The company has a 50-day moving average price of $21.54 and a 200-day moving average price of $20.35.

Holcim Company Profile

Holcim AG, together with its subsidiaries, operates as a building materials and solutions company worldwide. It operates through North America; Latin America; Europe; Asia, Middle East & Africa; and Solutions & Products segments. The company offers cement, clinker, and other cementitious materials; ready-mix concrete; aggregates, such as crushed stone, gravel, and sand; and precast, concrete products, asphalts, mortars, roofing systems, insulation tile adhesives, facade solutions, and contracting and services.