Heidelberg Materials (ETR:HEI) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Heidelberg Materials AG (ETR:HEI) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of €186.28 and traded as high as €191.55. Heidelberg Materials shares last traded at €190.45, with a volume of 401,785 shares traded.

Heidelberg Materials Price Performance

The company has a debt-to-equity ratio of 44.66, a current ratio of 1.24 and a quick ratio of 0.66. The company’s 50-day simple moving average is €186.28 and its 200-day simple moving average is €204.17. The stock has a market capitalization of $34.47 billion, a P/E ratio of 18.53, a price-to-earnings-growth ratio of 1.86 and a beta of 0.93.

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.