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

Heidelberg Materials logo with Basic Materials background

Shares of Heidelberg Materials AG (ETR:HEI - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €129.03 ($144.98) and traded as high as €151.20 ($169.89). Heidelberg Materials shares last traded at €148.30 ($166.63), with a volume of 623,099 shares traded.

Heidelberg Materials Stock Up 4.2 %

The company has a market capitalization of $30.41 billion, a P/E ratio of 16.34, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30. The company has a 50-day moving average of €156.08 and a two-hundred day moving average of €130.22. The company has a quick ratio of 0.66, a current ratio of 1.11 and a debt-to-equity ratio of 49.28.

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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