Heidelberg Materials (ETR:HEI) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Shares of Heidelberg Materials AG (ETR:HEI) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €123.17 ($132.44) and traded as high as €177.00 ($190.32). Heidelberg Materials shares last traded at €175.60 ($188.82), with a volume of 1,068,728 shares trading hands.

Heidelberg Materials Price Performance

The company’s fifty day moving average is €149.57 and its two-hundred day moving average is €123.93. The company has a debt-to-equity ratio of 49.28, a quick ratio of 0.66 and a current ratio of 1.11. The firm has a market cap of $32.46 billion, a price-to-earnings ratio of 17.44, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30.

About Heidelberg Materials

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.