Heidelberg Materials (ETR:HEI) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Heidelberg Materials AG (ETR:HEI – Get Free Report) shares passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of €150.79 and traded as high as €151.75. Heidelberg Materials shares last traded at €151.20, with a volume of 662,728 shares trading hands.

Heidelberg Materials Stock Down 0.5%

The company has a current ratio of 1.24, a quick ratio of 0.66 and a debt-to-equity ratio of 44.66. The firm’s 50 day moving average price is €150.79 and its two-hundred day moving average price is €176.78. The company has a market capitalization of $27.61 billion, a P/E ratio of 16.26, a PEG ratio of 1.86 and a beta of 0.91.

About Heidelberg Materials

(Get Free Report)

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.

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