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Holcim (OTCMKTS:HCMLY) Sets New 12-Month High - Here's Why

Holcim logo with Construction background

Holcim AG (OTCMKTS:HCMLY - Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as $30.00 and last traded at $22.99, with a volume of 47463 shares trading hands. The stock had previously closed at $23.78.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HCMLY shares. Sanford C. Bernstein started coverage on Holcim in a research note on Tuesday, May 13th. They set an "outperform" rating on the stock. Citigroup cut Holcim from a "strong-buy" rating to a "neutral" rating in a report on Monday, March 10th. Finally, Barclays raised shares of Holcim from a "strong sell" rating to a "strong-buy" rating in a research note on Tuesday.

Read Our Latest Stock Report on Holcim

Holcim Price Performance

The business's fifty day simple moving average is $22.32 and its 200 day simple moving average is $21.20. The company has a current ratio of 1.23, a quick ratio of 0.89 and a debt-to-equity ratio of 0.46.

Holcim Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 6th. Investors of record on Wednesday, May 28th were paid a dividend of $0.6922 per share. The ex-dividend date was Tuesday, May 27th. This is a boost from Holcim's previous dividend of $0.57. This represents a dividend yield of 2.91%.

Holcim Company Profile

(Get Free Report)

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.

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