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

Heidelberg Materials AG (ETR:HEI)’s share price crossed 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 trading hands.

Heidelberg Materials Stock Up 3.0 %

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

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.