Heidelberg Materials (ETR:HEI) Share Price Passes Above 200 Day Moving Average – What’s Next?

Shares of Heidelberg Materials AG (ETR:HEI) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €105.06 ($108.31) and traded as high as €127.60 ($131.55). Heidelberg Materials shares last traded at €127.55 ($131.49), with a volume of 687,640 shares changing hands.

Heidelberg Materials Stock Performance

The company has a 50-day moving average of €121.46 and a 200-day moving average of €105.32. The company has a market cap of $23.47 billion, a PE ratio of 12.81, a PEG ratio of 1.86 and a beta of 1.30. The company has a quick ratio of 0.66, a current ratio of 1.11 and a debt-to-equity ratio of 46.55.

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.