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Heidelberg Materials (ETR:HEI) Stock Passes Above Two Hundred Day Moving Average - Here's What Happened

Heidelberg Materials logo with Basic Materials background
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Shares of Heidelberg Materials AG (ETR:HEI - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €115.80 ($125.87) and traded as high as €177.05 ($192.45). Heidelberg Materials shares last traded at €169.35 ($184.08), with a volume of 1,708,361 shares.

Heidelberg Materials Trading Down 4.2 %

The company has a debt-to-equity ratio of 49.28, a quick ratio of 0.66 and a current ratio of 1.11. The company's 50 day moving average is €136.81 and its 200 day moving average is €117.23. The stock has a market capitalization of $29.34 billion, a price-to-earnings ratio of 15.77, 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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