Heidelberg Materials (ETR:HEI) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Heidelberg Materials AG (ETR:HEI) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €189.73 and traded as low as €166.85. Heidelberg Materials shares last traded at €168.30, with a volume of 208,211 shares trading hands.

Heidelberg Materials Stock Performance

The firm has a market capitalization of $31.07 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 1.86 and a beta of 0.91. The company has a debt-to-equity ratio of 44.66, a quick ratio of 0.66 and a current ratio of 1.24. The company’s fifty day moving average price is €176.60 and its two-hundred day moving average price is €189.35.

Heidelberg Materials Company Profile

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.