Heidelberg Materials (OTCMKTS:HDLMY) Sees Large Volume Increase – Time to Buy?
by Sarita Garza · The Markets DailyHeidelberg Materials (OTCMKTS:HDLMY – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 282,468 shares were traded during trading, an increase of 91% from the previous session’s volume of 148,232 shares.The stock last traded at $55.8560 and had previously closed at $56.10.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on HDLMY. Royal Bank Of Canada lowered Heidelberg Materials from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th. Citigroup reaffirmed a “neutral” rating on shares of Heidelberg Materials in a report on Thursday, January 15th. Barclays raised Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a report on Monday, November 17th. Finally, Zacks Research cut shares of Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research report on Friday, December 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on Heidelberg Materials
Heidelberg Materials Price Performance
The business has a 50 day moving average price of $52.14.
About Heidelberg Materials
Heidelberg Materials (OTCMKTS: HDLMY) is a Germany‐based multinational building materials company with a core focus on cement production, aggregates, ready‐mixed concrete, asphalt, and other construction solutions. As one of the world’s leading cement producers, the company supplies essential raw and processed materials used in infrastructure, commercial, and residential construction projects. Its product portfolio also encompasses specialty cement, mineral additives, and tailored concrete technologies designed to meet diverse engineering and environmental requirements.
Operating in more than 50 countries across Europe, North America, Asia-Pacific, Latin America, the Middle East, and Africa, Heidelberg Materials maintains an extensive network of production facilities and distribution channels.