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Heidelberg Materials (ETR:HEI) Stock Passes Above 200-Day Moving Average - Time to Sell?

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 Wednesday . The stock has a two hundred day moving average of €103.73 ($106.94) and traded as high as €124.00 ($127.84). Heidelberg Materials shares last traded at €121.70 ($125.46), with a volume of 303,260 shares traded.

Heidelberg Materials Price Performance

The company has a 50-day moving average of €118.61 and a 200 day moving average of €103.85. 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 has a market capitalization of $22.66 billion, a PE ratio of 12.37, a PEG ratio of 1.86 and a beta of 1.30.

Heidelberg Materials Company Profile

(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.

Further Reading

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