Heidelberg Materials (ETR:HEI) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?
by Teresa Graham · The Cerbat GemShares of Heidelberg Materials AG (ETR:HEI – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €204.04 and traded as low as €187.30. Heidelberg Materials shares last traded at €187.55, with a volume of 234,876 shares.
Heidelberg Materials Price Performance
The company has a current ratio of 1.24, a quick ratio of 0.66 and a debt-to-equity ratio of 44.66. The stock has a market capitalization of $34.13 billion, a P/E ratio of 18.34, a price-to-earnings-growth ratio of 1.86 and a beta of 0.93. The stock has a 50 day moving average of €183.29 and a 200-day moving average of €204.03.
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.