Heidelberg Materials (ETR:HEI) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Heidelberg Materials AG (ETR:HEIGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €208.39 and traded as high as €238.90. Heidelberg Materials shares last traded at €235.20, with a volume of 374,958 shares changing hands.

Heidelberg Materials Stock Performance

The company has a 50-day simple moving average of €224.56 and a two-hundred day simple moving average of €208.58. The company has a debt-to-equity ratio of 49.28, a quick ratio of 0.66 and a current ratio of 1.11. The firm has a market capitalization of $42.45 billion, a P/E ratio of 22.81, a PEG ratio of 1.86 and a beta of 1.30.

About Heidelberg Materials

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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.

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