Heidelberg Materials (OTCMKTS:HLBZF) Stock Price Up 20.5% – Here’s Why

Shares of Heidelberg Materials AG (OTCMKTS:HLBZF) shot up 20.5% during mid-day trading on Friday . The stock traded as high as $124.18 and last traded at $123.95. 240 shares changed hands during trading, a decline of 28% from the average session volume of 334 shares. The stock had previously closed at $102.89.

Heidelberg Materials Stock Performance

The business’s fifty day moving average price is $106.57 and its 200 day moving average price is $103.88.

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.