Holcim (OTCMKTS:HCMLY) Shares Gap Down - Should You Sell?

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $24.66, but opened at $23.25. Holcim shares last traded at $24.04, with a volume of 4,345 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on HCMLY shares. Citigroup downgraded Holcim from a "strong-buy" rating to a "neutral" rating in a report on Monday, March 10th. Barclays raised Holcim from a "strong sell" rating to a "strong-buy" rating in a research report on Tuesday, June 10th. Sanford C. Bernstein initiated coverage on shares of Holcim in a research note on Tuesday, May 13th. They set an "outperform" rating for the company. Finally, Royal Bank Of Canada reiterated a "sector perform" rating on shares of Holcim in a research note on Tuesday, June 17th.

Holcim Stock Performance

The firm has a 50-day moving average of $23.07 and a 200 day moving average of $21.53. The company has a current ratio of 1.25, a quick ratio of 0.93 and a debt-to-equity ratio of 0.43.

Holcim Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 28th were given a $0.6922 dividend. This represents a yield of 2.91%. The ex-dividend date of this dividend was Tuesday, May 27th. This is an increase from Holcim's previous dividend of $0.57.

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.