Heidelberg Materials (ETR:HEI) Reaches New 52-Week High – Time to Buy?

Heidelberg Materials AG (ETR:HEI)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as €119.15 ($125.42) and last traded at €117.80 ($124.00), with a volume of 182466 shares traded. The stock had previously closed at €118.45 ($124.68).

Heidelberg Materials Stock Down 0.5 %

The firm has a market capitalization of $21.34 billion, a P/E ratio of 11.72, a PEG ratio of 1.86 and a beta of 1.30. The company has a debt-to-equity ratio of 46.55, a quick ratio of 0.66 and a current ratio of 1.11. The firm’s 50-day moving average is €104.07 and its 200 day moving average is €98.70.

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.