Heidelberg Materials (OTCMKTS:HDLMY) Shares Gap Down – Time to Sell?
by Amy Steele · The Cerbat GemHeidelberg Materials (OTCMKTS:HDLMY – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $42.70, but opened at $39.73. Heidelberg Materials shares last traded at $39.9350, with a volume of 2,725 shares changing hands.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. Citigroup raised Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. Zacks Research cut Heidelberg Materials from a “hold” rating to a “strong sell” rating in a report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.
View Our Latest Research Report on HDLMY
Heidelberg Materials Stock Up 1.7%
The firm has a fifty day moving average of $42.12. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.24 and a quick ratio of 0.84.
Heidelberg Materials Company Profile
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.