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Heidelberg Materials (ETR:HEI) Share Price Passes Above 200 Day Moving Average - Here's What Happened

Heidelberg Materials logo with Basic Materials background

Heidelberg Materials AG (ETR:HEI - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €126.13 ($137.10) and traded as high as €161.85 ($175.92). Heidelberg Materials shares last traded at €161.10 ($175.11), with a volume of 488,193 shares changing hands.

Heidelberg Materials Stock Performance

The stock has a market capitalization of $27.80 billion, a price-to-earnings ratio of 14.94, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30. The company has a debt-to-equity ratio of 49.28, a current ratio of 1.11 and a quick ratio of 0.66. The stock has a 50-day moving average of €153.61 and a 200 day moving average of €127.72.

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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