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Heidelberg Materials (ETR:HEI) Stock Price Crosses Above 200-Day Moving Average - Here's Why

Heidelberg Materials logo with Basic Materials background

Heidelberg Materials AG (ETR:HEI - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €106.47 ($112.07) and traded as high as €134.70 ($141.79). Heidelberg Materials shares last traded at €134.45 ($141.53), with a volume of 295,913 shares trading hands.

Heidelberg Materials Stock Performance

The firm has a market capitalization of $24.86 billion, a price-to-earnings ratio of 13.58, a PEG ratio of 1.86 and a beta of 1.30. The company has a current ratio of 1.11, a quick ratio of 0.66 and a debt-to-equity ratio of 46.55. The stock's 50-day moving average is €122.70 and its 200-day moving average is €106.47.

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.

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