Heidelberg Materials (ETR:HEI) Stock Crosses Below 200-Day Moving Average – What’s Next?

Heidelberg Materials AG (ETR:HEI) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €199.34 and traded as low as €177.85. Heidelberg Materials shares last traded at €182.15, with a volume of 500,182 shares.

Heidelberg Materials Stock Up 2.3%

The company has a market cap of $34.21 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 1.86 and a beta of 0.90. The company has a current ratio of 1.24, a quick ratio of 0.66 and a debt-to-equity ratio of 44.66. The business has a fifty day moving average of €182.32 and a two-hundred day moving average of €199.34.

Heidelberg Materials Company Profile

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.