Heidelberg Materials (ETR:HEI) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Heidelberg Materials AG (ETR:HEI) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €203.95 and traded as low as €181.60. Heidelberg Materials shares last traded at €188.35, with a volume of 542,198 shares changing hands.

Heidelberg Materials Price Performance

The firm’s 50-day moving average is €182.62 and its 200-day moving average is €203.95. The company has a debt-to-equity ratio of 44.66, a current ratio of 1.24 and a quick ratio of 0.66. The company has a market capitalization of $34.57 billion, a P/E ratio of 18.58, a price-to-earnings-growth ratio of 1.86 and a beta of 0.93.

Heidelberg Materials Company Profile

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.