Heidelberg Materials (ETR:HEI) Share Price Passes Below 200 Day Moving Average – Should You Sell?

Shares of Heidelberg Materials AG (ETR:HEIGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €201.75 and traded as low as €182.35. Heidelberg Materials shares last traded at €188.20, with a volume of 447,733 shares traded.

Heidelberg Materials Price Performance

The firm has a market cap of $34.33 billion, a price-to-earnings ratio of 18.45, a P/E/G ratio of 1.86 and a beta of 0.90. The business’s 50-day moving average price is €181.45 and its two-hundred day moving average price is €201.75. The company has a debt-to-equity ratio of 44.66, a current ratio of 1.24 and a quick ratio of 0.66.

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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