Heidelberg Materials (OTCMKTS:HDLMY) Sets New 1-Year High – Here’s What Happened

Heidelberg Materials (OTCMKTS:HDLMY)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $54.01 and last traded at $52.4580, with a volume of 3367 shares trading hands. The stock had previously closed at $52.36.

Analyst Ratings Changes

A number of equities research analysts have commented on HDLMY shares. Royal Bank Of Canada cut shares of Heidelberg Materials from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th. Barclays upgraded shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy”.

Heidelberg Materials Stock Performance

About Heidelberg Materials

Heidelberg Materials (OTCMKTS: HDLMY) is a Germany‐based multinational building materials company with a core focus on cement production, aggregates, ready‐mixed concrete, asphalt, and other construction solutions. As one of the world’s leading cement producers, the company supplies essential raw and processed materials used in infrastructure, commercial, and residential construction projects. Its product portfolio also encompasses specialty cement, mineral additives, and tailored concrete technologies designed to meet diverse engineering and environmental requirements.

Operating in more than 50 countries across Europe, North America, Asia-Pacific, Latin America, the Middle East, and Africa, Heidelberg Materials maintains an extensive network of production facilities and distribution channels.