Heidelberg Materials (OTCMKTS:HDLMY) Sees Large Volume Increase – Here’s What Happened

Heidelberg Materials (OTCMKTS:HDLMY) shares saw strong trading volume on Thursday . 205,367 shares changed hands during mid-day trading, an increase of 210% from the previous session’s volume of 66,209 shares.The stock last traded at $54.47 and had previously closed at $53.68.

Analyst Ratings Changes

Several research firms recently issued reports on HDLMY. Barclays upgraded shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 17th. Royal Bank Of Canada lowered shares of Heidelberg Materials from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Zacks Research cut Heidelberg Materials from a “hold” rating to a “strong sell” rating in a report on Friday, December 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Heidelberg Materials currently has a consensus rating of “Hold”.

Heidelberg Materials Price Performance

The business has a 50-day moving average of $51.84.

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.