Heidelberg Materials (ETR:HEI) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Heidelberg Materials AG (ETR:HEI) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €115.80 ($125.87) and traded as high as €177.05 ($192.45). Heidelberg Materials shares last traded at €169.35 ($184.08), with a volume of 1,708,361 shares.

Heidelberg Materials Stock Down 1.5 %

The company has a current ratio of 1.11, a quick ratio of 0.66 and a debt-to-equity ratio of 49.28. The firm has a market capitalization of $30.62 billion, a PE ratio of 16.46, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30. The firm has a 50-day moving average of €135.87 and a two-hundred day moving average of €116.35.

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.