Heidelberg Materials (ETR:HEI) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Heidelberg Materials AG (ETR:HEI) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €193.60 and traded as high as €217.40. Heidelberg Materials shares last traded at €213.80, with a volume of 283,116 shares.

Heidelberg Materials Stock Down 2.2%

The company has a current ratio of 1.11, a quick ratio of 0.66 and a debt-to-equity ratio of 49.28. The business’s fifty day moving average price is €198.22 and its two-hundred day moving average price is €193.60. The firm has a market cap of $38.39 billion, a P/E ratio of 20.63, a P/E/G ratio of 1.86 and a beta of 1.30.

Heidelberg Materials Company Profile

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.