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Heidelberg Materials (ETR:HEI) Stock Passes Above 200 Day Moving Average - What's Next?

Heidelberg Materials logo with Basic Materials background

Heidelberg Materials AG (ETR:HEI - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €96.18 ($104.54) and traded as high as €101.10 ($109.89). Heidelberg Materials shares last traded at €100.80 ($109.57), with a volume of 283,260 shares trading hands.

Heidelberg Materials Stock Performance

The company has a market cap of $18.27 billion, a P/E ratio of 9.98, a price-to-earnings-growth 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 stock's 50-day moving average price is €96.03 and its 200 day moving average price is €96.21.

About Heidelberg Materials

(Get Free Report)

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.

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