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

by · The Cerbat Gem

Heidelberg Materials AG (ETR:HEI – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €96.18 ($104.54) and traded as high as €101.10 ($109.89). Heidelberg Materials shares last traded at €100.80 ($109.57), with a volume of 283,260 shares.

Heidelberg Materials Price Performance

The company’s 50-day simple moving average is €96.22 and its 200 day simple moving average is €96.24. The company has a market cap of $18.33 billion, a PE ratio of 10.01, a PEG ratio of 1.86 and a beta of 1.30. The company has a debt-to-equity ratio of 46.55, a quick ratio of 0.66 and a current ratio of 1.11.

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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