Heidelberg Materials (ETR:HEI) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Heidelberg Materials AG (ETR:HEI) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €201.75 and traded as low as €182.35. Heidelberg Materials shares last traded at €188.20, with a volume of 447,733 shares trading hands.

Heidelberg Materials Stock Performance

The stock has a market capitalization of $35.02 billion, a P/E ratio of 18.82, a price-to-earnings-growth ratio of 1.86 and a beta of 0.90. The company has a 50 day simple moving average of €181.83 and a 200-day simple moving average of €201.65. The company has a debt-to-equity ratio of 44.66, a current ratio of 1.24 and a quick ratio of 0.66.

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.