Heidelberg Materials (ETR:HEI) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Heidelberg Materials AG (ETR:HEI) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €147.26 ($167.34) and traded as high as €178.00 ($202.27). Heidelberg Materials shares last traded at €174.90 ($198.75), with a volume of 373,193 shares trading hands.

Heidelberg Materials Stock Performance

The stock’s 50-day moving average price is €170.51 and its 200 day moving average price is €147.45. The company has a debt-to-equity ratio of 49.28, a current ratio of 1.11 and a quick ratio of 0.66. The firm has a market cap of $31.65 billion, a P/E ratio of 17.01, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30.

About Heidelberg Materials

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.