Heidelberg Materials (ETR:HEI) Hits New 1-Year High – Here’s What Happened

Shares of Heidelberg Materials AG (ETR:HEI) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as €120.70 ($127.05) and last traded at €123.85 ($130.37), with a volume of 424422 shares changing hands. The stock had previously closed at €120.00 ($126.32).

Heidelberg Materials Stock Up 3.2 %

The company has a market cap of $22.43 billion, a P/E ratio of 11.81, a P/E/G ratio of 1.86 and a beta of 1.30. The company has a debt-to-equity ratio of 46.55, a current ratio of 1.11 and a quick ratio of 0.66. The company’s 50-day moving average is €105.76 and its two-hundred day moving average is €99.15.

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.