Heidelberg Materials (ETR:HEI) Shares Pass Above 200-Day Moving Average of $71.84

Heidelberg Materials AG (ETR:HEI) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €71.84 ($77.25) and traded as high as €72.92 ($78.41). Heidelberg Materials shares last traded at €72.80 ($78.28), with a volume of 409,400 shares changing hands.

Heidelberg Materials Trading Down 1.1 %

The company has a debt-to-equity ratio of 45.99, a current ratio of 1.18 and a quick ratio of 0.66. The stock has a market capitalization of $13.19 billion, a price-to-earnings ratio of 7.23, a PEG ratio of 2.04 and a beta of 1.37. The business’s 50-day simple moving average is €71.16 and its two-hundred day simple moving average is €71.84.

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.