Heidelberg Materials (OTCMKTS:HDLMY – Get Free Report) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 15,584 shares, an increase of 102.2% from the June 15th total of 7,707 shares. Based on an average daily trading volume, of 132,555 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.
Heidelberg Materials Stock Performance
Shares of Heidelberg Materials stock traded up $0.08 on Friday, reaching $39.62. 90,308 shares of the company were exchanged, compared to its average volume of 134,976. Heidelberg Materials has a 1-year low of $36.59 and a 1-year high of $57.79. The company has a quick ratio of 0.84, a current ratio of 1.24 and a debt-to-equity ratio of 0.30. The company’s 50-day moving average is $40.97 and its two-hundred day moving average is $44.78.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded Heidelberg Materials from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
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.
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