Heidelberg Materials (OTCMKTS:HDLMY) Shares Gap Down – Here’s What Happened

Heidelberg Materials (OTCMKTS:HDLMY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $54.68, but opened at $50.81. Heidelberg Materials shares last traded at $50.64, with a volume of 8,330 shares traded.

Analyst Ratings Changes

HDLMY has been the subject of a number of analyst reports. Citigroup restated 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 research report on Monday, November 17th. Zacks Research raised shares of Heidelberg Materials from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Finally, Royal Bank Of Canada downgraded shares of Heidelberg Materials from a “moderate buy” rating to a “hold” rating in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Heidelberg Materials Price Performance

The business has a 50-day moving average of $52.99.

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.