Heidelberg Materials (ETR:HEI) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Heidelberg Materials AG (ETR:HEIGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €113.47 ($118.20) and traded as high as €148.60 ($154.79). Heidelberg Materials shares last traded at €146.75 ($152.86), with a volume of 567,814 shares trading hands.

Heidelberg Materials Stock Down 2.4 %

The company has a 50-day moving average of €131.97 and a two-hundred day moving average of €113.70. The company has a quick ratio of 0.66, a current ratio of 1.11 and a debt-to-equity ratio of 49.28. The company has a market capitalization of $26.28 billion, a P/E ratio of 14.12, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30.

About Heidelberg Materials

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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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