Heidelberg Materials (OTCMKTS:HDLMY) Hits New 52-Week Low – Here’s What Happened

Heidelberg Materials (OTCMKTS:HDLMY)’s stock price reached a new 52-week low on Thursday . The stock traded as low as $33.62 and last traded at $33.82, with a volume of 14592 shares changing hands. The stock had previously closed at $34.43.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Heidelberg Materials from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Two analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Heidelberg Materials Stock Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.84 and a current ratio of 1.24. The firm’s fifty day simple moving average is $37.71 and its 200 day simple moving average is $40.32.

About Heidelberg Materials

Heidelberg Materials AG is a Germany-based global building materials company that produces and distributes cement, aggregates, ready-mixed concrete and asphalt. Its products are used in residential, commercial and infrastructure construction, including roads, bridges, buildings and other large-scale projects.

The company also provides construction-related products and services, including specialized cement and concrete solutions, recycled construction materials and other lower-carbon offerings.