Heidelberg Materials AG (OTCMKTS:HLBZF – Get Free Report) passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $200.39 and traded as low as $163.45. Heidelberg Materials shares last traded at $170.0440, with a volume of 761 shares trading hands.
Heidelberg Materials Stock Performance
The business’s 50-day simple moving average is $185.43 and its two-hundred day simple moving average is $199.84.
Heidelberg Materials Company Profile
Heidelberg Materials is a Germany-based building materials company that produces and distributes cement, aggregates, ready-mixed concrete and asphalt. Its products are used in residential, commercial and infrastructure construction, including roads, bridges and other large-scale development projects.
The company traces its origins to 1873 and was formerly known as HeidelbergCement. It serves customers through operations in Europe, North America, Asia-Pacific, Africa and the Mediterranean region, with activities spanning raw-material extraction, materials production and construction-related services.
Heidelberg Materials also focuses on reducing the environmental impact of construction materials through lower-carbon products, alternative fuels and carbon-capture initiatives.
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