Heidelberg Materials (OTCMKTS:HDLMY) Short Interest Down 37.7% in July

Heidelberg Materials (OTCMKTS:HDLMY) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 9,706 shares, a decrease of 37.7% from the June 30th total of 15,584 shares. Based on an average daily volume of 181,896 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Heidelberg Materials Stock Performance

Shares of HDLMY traded down $1.01 during mid-day trading on Friday, reaching $37.23. 62,981 shares of the company’s stock traded hands, compared to its average volume of 131,212. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.84 and a current ratio of 1.24. Heidelberg Materials has a 12 month low of $36.15 and a 12 month high of $57.79. The business’s 50-day moving average price is $40.42 and its 200-day moving average price is $43.79.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

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.