Heidelberg Materials (ETR:HEI) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Heidelberg Materials AG (ETR:HEI)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €177.58 and traded as low as €164.65. Heidelberg Materials shares last traded at €164.75, with a volume of 534,335 shares trading hands.

Heidelberg Materials Stock Performance

The stock has a market capitalization of $29.71 billion, a PE ratio of 15.97, a P/E/G ratio of 1.86 and a beta of 0.91. The company has a debt-to-equity ratio of 44.66, a quick ratio of 0.66 and a current ratio of 1.24. The firm has a 50 day moving average of €167.30 and a 200-day moving average of €177.24.

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.