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

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 €111.69 ($116.34) and traded as high as €150.55 ($156.82). Heidelberg Materials shares last traded at €148.50 ($154.69), with a volume of 377,964 shares changing hands.

Heidelberg Materials Stock Up 0.7 %

The firm has a market capitalization of $25.37 billion, a price-to-earnings ratio of 13.64, a PEG ratio of 1.86 and a beta of 1.30. The business's fifty day moving average price is €130.61 and its 200 day moving average price is €112.22. The company has a current ratio of 1.11, a quick ratio of 0.66 and a debt-to-equity ratio of 49.28.

About Heidelberg Materials

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.