Heidelberg Materials (OTCMKTS:HDLMY) Sets New 12-Month Low – Here’s What Happened

Shares of Heidelberg Materials (OTCMKTS:HDLMY) reached a new 52-week low during trading on Friday . The stock traded as low as $36.21 and last traded at $36.21, with a volume of 14918 shares. The stock had previously closed at $38.25.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Heidelberg Materials Stock Performance

The company has a fifty day simple moving average of $40.42 and a two-hundred day simple moving average of $43.79. 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.