Heidelberg Materials (ETR:HEI) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Heidelberg Materials AG (ETR:HEI)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €123.17 ($132.44) and traded as high as €177.00 ($190.32). Heidelberg Materials shares last traded at €175.60 ($188.82), with a volume of 1,068,728 shares changing hands.

Heidelberg Materials Stock Down 1.9 %

The company has a market capitalization of $32.46 billion, a price-to-earnings ratio of 17.44, a P/E/G 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 firm has a 50 day moving average price of €149.57 and a two-hundred day moving average price of €123.93.

About Heidelberg Materials

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.