Heidelberg Materials (OTCMKTS:HDLMY) Upgraded by Zacks Research to “Hold” Rating

Heidelberg Materials (OTCMKTS:HDLMY) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, Citigroup raised shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Heidelberg Materials Price Performance

Shares of Heidelberg Materials stock opened at $42.10 on Monday. Heidelberg Materials has a 1 year low of $36.59 and a 1 year high of $57.79. The company has a current ratio of 1.24, a quick ratio of 0.84 and a debt-to-equity ratio of 0.30. The stock’s fifty day simple moving average is $42.24.

Heidelberg Materials Company Profile

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.