Heidelberg Materials (ETR:HEI) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Heidelberg Materials AG (ETR:HEI)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €111.69 ($116.34) and traded as high as €150.55 ($156.82). Heidelberg Materials shares last traded at €148.50 ($154.69), with a volume of 377,964 shares.

Heidelberg Materials Trading Down 5.4 %

The company has a current ratio of 1.11, a quick ratio of 0.66 and a debt-to-equity ratio of 49.28. The business has a 50 day moving average price of €130.10 and a 200-day moving average price of €111.69. The company has a market cap of $25.79 billion, a P/E ratio of 13.86, a PEG ratio of 1.86 and a beta of 1.30.

Heidelberg Materials Company Profile

Heidelberg Materials AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products; natural stone aggregates, including sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts, such as stairs, ceiling elements, or structural components.