Heidelberg Materials (ETR:HEI) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Heidelberg Materials AG (ETR:HEIGet Free Report)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of €214.60 and traded as high as €226.10. Heidelberg Materials shares last traded at €221.90, with a volume of 142,540 shares traded.

Heidelberg Materials Price Performance

The stock has a market cap of $40.69 billion, a price-to-earnings ratio of 21.87, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30. The company has a quick ratio of 0.66, a current ratio of 1.11 and a debt-to-equity ratio of 49.28. The company’s 50-day moving average is €214.60 and its 200-day moving average is €203.64.

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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