Heidelberg Materials (OTCMKTS:HLBZF) Shares Cross Above 50 Day Moving Average – Here’s Why

Heidelberg Materials AG (OTCMKTS:HLBZF) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $118.55 and traded as high as $126.94. Heidelberg Materials shares last traded at $126.94, with a volume of 3 shares.

Heidelberg Materials Stock Performance

The business has a 50-day moving average price of $119.51 and a 200-day moving average price of $109.28.

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.