Heidelberg Materials (OTCMKTS:HDLMY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Heidelberg Materials (OTCMKTS:HDLMYFree Report) from a strong sell rating to a hold rating in a research note released on Monday,Zacks reports.

Heidelberg Materials Price Performance

Shares of HDLMY opened at $37.77 on Monday. The company has a quick ratio of 0.84, a current ratio of 1.24 and a debt-to-equity ratio of 0.30. Heidelberg Materials has a 1 year low of $35.90 and a 1 year high of $57.79. The company has a 50 day simple moving average of $38.40 and a two-hundred day simple moving average of $41.11.

About Heidelberg Materials

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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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