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

Heidelberg Materials AG (ETR:HEI)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €106.47 ($112.07) and traded as high as €134.70 ($141.79). Heidelberg Materials shares last traded at €134.45 ($141.53), with a volume of 295,913 shares changing hands.

Heidelberg Materials Stock Up 2.1 %

The company has a 50-day simple moving average of €122.70 and a 200 day simple moving average of €106.52. The company has a market cap of $24.86 billion, a P/E ratio of 13.58, a P/E/G ratio of 1.86 and a beta of 1.30. The company has a current ratio of 1.11, a quick ratio of 0.66 and a debt-to-equity ratio of 46.55.

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.