HeidelbergCement AG (OTCMKTS:HDELY) was downgraded by analysts at J P Morgan Chase & Co from a “neutral” rating to an “underweight” rating in a report released on Wednesday, October 18th.
HDELY has been the topic of a number of other reports. Citigroup Inc. raised HeidelbergCement AG from a “neutral” rating to a “buy” rating in a research report on Thursday, August 31st. Barclays PLC raised HeidelbergCement AG from an “equal weight” rating to an “overweight” rating in a research report on Thursday, September 7th. Finally, Jefferies Group LLC initiated coverage on HeidelbergCement AG in a research report on Wednesday, September 27th. They issued a “buy” rating for the company. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy”.
Shares of HeidelbergCement AG (OTCMKTS HDELY) traded down $0.08 during mid-day trading on Wednesday, hitting $19.74. The stock had a trading volume of 4,569 shares, compared to its average volume of 18,139. HeidelbergCement AG has a one year low of $17.52 and a one year high of $20.59. The firm has a market cap of $19,660.00, a PE ratio of 17.70, a PEG ratio of 2.25 and a beta of 1.43. The company has a current ratio of 1.05, a quick ratio of 0.75 and a debt-to-equity ratio of 0.57.
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HeidelbergCement AG Company Profile
HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. Its cement products include special cements with targeted characteristics, special geotechnical building materials, and a range of binders. The company offers natural stone and crushed aggregates, including sand, gravel, stone chippings, and crushed stones; concrete/ready-mixed concrete that is used for the production of precast concrete parts, such as stairs, ceiling elements, or structural components, as well as for use in the construction of tunnels or bridges, office buildings, and schools; and asphalt, which is primarily used in the building of traffic infrastructure comprising roads, walkways, and parking lots.
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