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

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $26.56, but opened at $25.46. Holcim shares last traded at $26.41, with a volume of 9,209 shares changing hands.

Wall Street Analysts Forecast Growth

HCMLY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Holcim in a report on Monday. Citigroup reissued a "neutral" rating on shares of Holcim in a research report on Monday, July 14th. Royal Bank Of Canada reissued a "sector perform" rating on shares of Holcim in a research report on Tuesday, June 17th. Sanford C. Bernstein started coverage on Holcim in a research report on Tuesday, May 13th. They issued an "outperform" rating for the company. Finally, Barclays raised Holcim from a "strong sell" rating to a "strong-buy" rating in a research report on Tuesday, June 10th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Holcim presently has an average rating of "Moderate Buy".

Holcim Stock Up 1.7%

The company has a quick ratio of 0.93, a current ratio of 1.25 and a debt-to-equity ratio of 0.43. The firm has a fifty day moving average price of $24.19 and a 200 day moving average price of $22.26.

Holcim Increases Dividend

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

About Holcim

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.