Heidelberg Materials (OTCMKTS:HDLMY) Upgraded by Zacks Research to “Hold” Rating

Heidelberg Materials (OTCMKTS:HDLMY) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Separately, Citigroup raised shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. Two research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Heidelberg Materials has an average rating of “Buy”.

Heidelberg Materials Price Performance

HDLMY stock opened at $42.10 on Monday. Heidelberg Materials has a 52 week low of $36.59 and a 52 week high of $57.79. The business’s 50-day moving average is $42.24. The company has a current ratio of 1.24, a quick ratio of 0.84 and a debt-to-equity ratio of 0.30.

Heidelberg Materials Company Profile

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.