Heidelberg Materials (ETR:HEI) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Heidelberg Materials AG (ETR:HEI) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €204.04 and traded as low as €187.30. Heidelberg Materials shares last traded at €187.55, with a volume of 234,876 shares changing hands.

Heidelberg Materials Price Performance

The stock’s 50-day moving average price is €183.35 and its 200 day moving average price is €204.04. The firm has a market capitalization of $34.32 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 1.86 and a beta of 0.93. The company has a quick ratio of 0.66, a current ratio of 1.24 and a debt-to-equity ratio of 44.66.

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.