Heidelberg Materials (OTCMKTS:HDLMY) Rating Lowered to Strong Sell at Zacks Research

Heidelberg Materials (OTCMKTS:HDLMY) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Monday,Zacks.com reports.

Heidelberg Materials Trading Down 1.1%

Shares of HDLMY opened at $39.70 on Monday. Heidelberg Materials has a 12 month low of $36.59 and a 12 month high of $57.79. The stock has a fifty day moving average price of $41.68 and a 200-day moving average price of $45.43. The company has a current ratio of 1.24, a quick ratio of 0.84 and a debt-to-equity ratio of 0.30.

About Heidelberg Materials

Heidelberg Materials (OTCMKTS: HDLMY) is a Germany‐based multinational building materials company with a core focus on cement production, aggregates, ready‐mixed concrete, asphalt, and other construction solutions. As one of the world’s leading cement producers, the company supplies essential raw and processed materials used in infrastructure, commercial, and residential construction projects. Its product portfolio also encompasses specialty cement, mineral additives, and tailored concrete technologies designed to meet diverse engineering and environmental requirements.

Operating in more than 50 countries across Europe, North America, Asia-Pacific, Latin America, the Middle East, and Africa, Heidelberg Materials maintains an extensive network of production facilities and distribution channels.