Heidelberg Materials (OTCMKTS:HDLMY) Shares Gap Down – What’s Next?

Heidelberg Materials (OTCMKTS:HDLMY) gapped down prior to trading on Thursday . The stock had previously closed at $47.50, but opened at $44.35. Heidelberg Materials shares last traded at $44.56, with a volume of 6,272 shares changing hands.

Analyst Ratings Changes

A number of research firms have commented on HDLMY. Royal Bank Of Canada lowered Heidelberg Materials from a “moderate buy” rating to a “hold” rating in a research report on Monday, December 8th. Zacks Research raised Heidelberg Materials from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Citigroup reiterated a “neutral” rating on shares of Heidelberg Materials in a report on Thursday, January 15th. Finally, Barclays upgraded shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a report on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Heidelberg Materials Stock Down 5.8%

The business has a 50 day moving average of $52.09.

About Heidelberg Materials

Heidelberg Materials (OTCMKTS: HDLMY) is a Germany‐based multinational building materials company with a core focus on cement production, aggregates, ready‐mixed concrete, asphalt, and other construction solutions. As one of the world’s leading cement producers, the company supplies essential raw and processed materials used in infrastructure, commercial, and residential construction projects. Its product portfolio also encompasses specialty cement, mineral additives, and tailored concrete technologies designed to meet diverse engineering and environmental requirements.

Operating in more than 50 countries across Europe, North America, Asia-Pacific, Latin America, the Middle East, and Africa, Heidelberg Materials maintains an extensive network of production facilities and distribution channels.