Holcim Ltd. (OTC:HCMLY) was downgraded by HSBC Holdings plc from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday.

A number of other equities analysts also recently issued reports on HCMLY. Jefferies Group LLC assumed coverage on Holcim in a research report on Wednesday, September 27th. They set a “hold” rating on the stock. Barclays PLC downgraded Holcim from an “overweight” rating to an “equal weight” rating in a research report on Thursday, September 7th.

Shares of Holcim (OTC HCMLY) traded down 1.42% during trading on Wednesday, reaching $11.09. The company’s stock had a trading volume of 3,114 shares. The company has a 50-day moving average price of $11.66 and a 200-day moving average price of $11.69. The stock has a market cap of $33.57 billion, a price-to-earnings ratio of 13.31 and a beta of 1.61. Holcim has a one year low of $10.01 and a one year high of $12.34.

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Holcim Company Profile

LafargeHolcim Ltd (LafargeHolcim) is a holding company operating in building materials industry. The Company’s segments include Asia Pacific, Latin America, Europe, North America and Middle East Africa. The Company has three product lines, such as Cement, which consists of clinker, cement and other cementitious materials; Aggregates, and Other construction materials and services, which consists of ready-mix concrete, concrete products, asphalt, construction and paving, trading and other products and services.

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