Heidelberg Materials (ETR:HEI) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Heidelberg Materials AG (ETR:HEI) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €97.30 ($103.51) and traded as high as €120.00 ($127.66). Heidelberg Materials shares last traded at €118.55 ($126.12), with a volume of 343,964 shares changing hands.

Heidelberg Materials Trading Down 0.1 %

The firm has a market cap of $21.47 billion, a price-to-earnings ratio of 11.73, a PEG ratio of 1.86 and a beta of 1.30. The company has a quick ratio of 0.66, a current ratio of 1.11 and a debt-to-equity ratio of 46.55. The company has a 50-day moving average price of €99.32 and a 200 day moving average price of €97.30.

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.