Heidelberg Materials (ETR:HEI) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Heidelberg Materials AG (ETR:HEI)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €130.92 ($149.20) and traded as high as €165.55 ($188.66). Heidelberg Materials shares last traded at €161.50 ($184.05), with a volume of 498,616 shares.

Heidelberg Materials Trading Down 2.2 %

The company has a debt-to-equity ratio of 49.28, a quick ratio of 0.66 and a current ratio of 1.11. The company has a market cap of $29.64 billion, a price-to-earnings ratio of 15.93, a P/E/G ratio of 1.86 and a beta of 1.30. The firm has a fifty day moving average price of €156.92 and a 200 day moving average price of €130.92.

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.