Heidelberg Materials (OTCMKTS:HDLMY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Heidelberg Materials (OTCMKTS:HDLMY) from a strong sell rating to a hold rating in a research report report published on Monday,Zacks.com reports.

Separately, Citigroup upgraded shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy”.

Heidelberg Materials Stock Performance

Shares of OTCMKTS:HDLMY opened at $42.10 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.24 and a quick ratio of 0.84. The stock’s fifty day moving average is $42.24. Heidelberg Materials has a fifty-two week low of $36.59 and a fifty-two week high of $57.79.

About Heidelberg Materials

Heidelberg Materials (OTCMKTS: HDLMY) is a Germany‐based multinational building materials company with a core focus on cement production, aggregates, ready‐mixed concrete, asphalt, and other construction solutions. As one of the world’s leading cement producers, the company supplies essential raw and processed materials used in infrastructure, commercial, and residential construction projects. Its product portfolio also encompasses specialty cement, mineral additives, and tailored concrete technologies designed to meet diverse engineering and environmental requirements.

Operating in more than 50 countries across Europe, North America, Asia-Pacific, Latin America, the Middle East, and Africa, Heidelberg Materials maintains an extensive network of production facilities and distribution channels.