Heidelberg Materials (ETR:HEI) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Heidelberg Materials AG (ETR:HEI)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €96.18 ($104.54) and traded as high as €101.10 ($109.89). Heidelberg Materials shares last traded at €100.80 ($109.57), with a volume of 283,260 shares traded.

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 company has a 50-day simple moving average of €95.83 and a two-hundred day simple moving average of €96.18. The firm has a market cap of $18.27 billion, a PE ratio of 9.97, a PEG 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.