Heidelberg Materials (ETR:HEI) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Heidelberg Materials AG (ETR:HEI)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €108.05 ($111.39) and traded as high as €137.70 ($141.96). Heidelberg Materials shares last traded at €136.45 ($140.67), with a volume of 264,153 shares.

Heidelberg Materials Price Performance

The company has a current ratio of 1.11, a quick ratio of 0.66 and a debt-to-equity ratio of 46.55. The stock has a market capitalization of $24.53 billion, a PE ratio of 13.39, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30. The firm has a 50 day moving average price of €124.77 and a 200 day moving average price of €108.05.

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.