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

Heidelberg Materials AG (ETR:HEIGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €194.06 and traded as low as €164.90. Heidelberg Materials shares last traded at €165.90, with a volume of 495,234 shares changing hands.

Heidelberg Materials Stock Performance

The company has a debt-to-equity ratio of 44.66, a quick ratio of 0.66 and a current ratio of 1.24. The stock has a 50 day moving average of €179.84 and a 200 day moving average of €194.06. The stock has a market capitalization of $30.55 billion, a P/E ratio of 16.42, a P/E/G ratio of 1.86 and a beta of 0.91.

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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