Heidelberg Materials (ETR:HEI) Share Price Breaks Below Two Hundred Day Moving Average – Here’s Why

Heidelberg Materials AG (ETR:HEI – Get Free Report) passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of €171.62 and traded as low as €143.80. Heidelberg Materials shares last traded at €148.40, with a volume of 475,022 shares traded.

Heidelberg Materials Stock Up 0.9%

The firm’s 50 day moving average price is €157.04 and its two-hundred day moving average price is €171.46. The firm has a market capitalization of $26.97 billion, a PE ratio of 14.49, a P/E/G ratio of 1.86 and a beta of 0.91. The company has a quick ratio of 0.66, a current ratio of 1.24 and a debt-to-equity ratio of 44.66.

Heidelberg Materials Company Profile

(Get Free Report)

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.

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