Heidelberg Materials (ETR:HEI) Share Price Breaks Above Two Hundred Day Moving Average – Here’s Why

Heidelberg Materials AG (ETR:HEI)’s share price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of €174.51 and traded as high as €180.40. Heidelberg Materials shares last traded at €180.15, with a volume of 506,042 shares.

Heidelberg Materials Stock Down 0.6%

The business has a fifty day moving average of €151.41 and a 200 day moving average of €174.23. The firm has a market cap of $33.22 billion, a P/E ratio of 17.85, a P/E/G ratio of 1.86 and a beta of 0.91. The company has a quick ratio of 0.66, a current ratio of 1.24 and a debt-to-equity ratio of 44.66.

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.