Heidelberg Materials (OTCMKTS:HDLMY – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 16,834 shares, a drop of 59.5% from the September 15th total of 41,536 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 344,333 shares, the short-interest ratio is currently 0.0 days.
Heidelberg Materials Trading Up 1.7%
Shares of OTCMKTS HDLMY traded up $0.54 during trading hours on Thursday, hitting $32.07. The stock had a trading volume of 220,624 shares, compared to its average volume of 141,841. The firm’s 50-day moving average price is $35.38 and its two-hundred day moving average price is $39.21. Heidelberg Materials has a 52 week low of $30.85 and a 52 week high of $57.79.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on HDLMY. Royal Bank Of Canada raised shares of Heidelberg Materials from a “hold” rating to a “moderate buy” rating in a research note on Friday, October 9th. Zacks Research upgraded Heidelberg Materials from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy”.
View Our Latest Analysis on HDLMY
Heidelberg Materials Company Profile
Heidelberg Materials 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 and other large-scale projects. The company also provides related building materials and services through a network of production facilities, distribution sites and construction-materials businesses.
The company traces its origins to 1873, when it was founded in Heidelberg, Germany, as Heidelberg Portland-Cement Works.
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