Heidelberg Materials (ETR:HEI) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Shares of Heidelberg Materials AG (ETR:HEIGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €96.38 ($105.91) and traded as high as €99.20 ($109.01). Heidelberg Materials shares last traded at €98.44 ($108.18), with a volume of 247,962 shares trading hands.

Heidelberg Materials Stock Performance

The company has a quick ratio of 0.66, a current ratio of 1.11 and a debt-to-equity ratio of 46.55. The business has a 50 day moving average price of €93.80 and a two-hundred day moving average price of €96.38. The stock has a market cap of $17.75 billion, a P/E ratio of 9.74, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30.

About Heidelberg Materials

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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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