Heidelberg Materials (ETR:HEI) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Heidelberg Materials AG (ETR:HEIGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €191.95 and traded as high as €207.80. Heidelberg Materials shares last traded at €207.00, with a volume of 253,551 shares.

Heidelberg Materials Price Performance

The company has a debt-to-equity ratio of 49.28, a quick ratio of 0.66 and a current ratio of 1.11. The company has a market capitalization of $36.11 billion, a P/E ratio of 19.40, a P/E/G ratio of 1.86 and a beta of 1.30. The firm’s fifty day moving average is €197.57 and its 200 day moving average is €191.95.

Heidelberg Materials Company Profile

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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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