Heidelberg Materials (OTCMKTS:HDELY) Shares Pass Above 50 Day Moving Average – Should You Sell?

Heidelberg Materials AG (OTCMKTS:HDELYGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $24.93 and traded as high as $25.02. Heidelberg Materials shares last traded at $24.93, with a volume of 27,257 shares changing hands.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein initiated coverage on shares of Heidelberg Materials in a research report on Tuesday, May 13th. They issued a “market perform” rating on the stock.

Check Out Our Latest Analysis on HDELY

Heidelberg Materials Stock Performance

The stock’s 50 day moving average price is $24.93 and its 200 day moving average price is $24.99.

About Heidelberg Materials

(Get Free Report)

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.

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