Heidelberg Materials (ETR:HEI) Stock Price Passes Above Two Hundred Day Moving Average of $91.46

Heidelberg Materials AG (ETR:HEI)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €91.46 ($98.34) and traded as high as €96.38 ($103.63). Heidelberg Materials shares last traded at €94.96 ($102.11), with a volume of 338,391 shares.

Heidelberg Materials Stock Up 2.3 %

The firm’s 50 day moving average is €96.91 and its two-hundred day moving average is €91.46. The firm has a market cap of $17.69 billion, a P/E ratio of 8.84, a price-to-earnings-growth ratio of 0.95 and a beta of 1.34. The company has a current ratio of 1.20, a quick ratio of 0.66 and a debt-to-equity ratio of 46.91.

About Heidelberg Materials

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.