Heidelberg Materials (ETR:HEI) Shares Cross Above 200 Day Moving Average – Time to Sell?

Heidelberg Materials AG (ETR:HEI) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €97.30 ($102.42) and traded as high as €120.00 ($126.32). Heidelberg Materials shares last traded at €118.55 ($124.79), with a volume of 343,964 shares trading hands.

Heidelberg Materials Price Performance

The company has a debt-to-equity ratio of 46.55, a quick ratio of 0.66 and a current ratio of 1.11. The firm has a market cap of $21.52 billion, a PE ratio of 11.73, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30. The stock has a 50 day simple moving average of €99.32 and a two-hundred day simple moving average of €97.30.

About Heidelberg Materials

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.