Heidelberg Materials (ETR:HEI) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Heidelberg Materials AG (ETR:HEI) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €119.70 ($131.54) and traded as high as €175.70 ($193.08). Heidelberg Materials shares last traded at €172.85 ($189.95), with a volume of 1,125,141 shares changing hands.

Heidelberg Materials Stock Down 1.8 %

The stock has a market cap of $31.81 billion, a PE ratio of 17.10, a P/E/G ratio of 1.86 and a beta of 1.30. The business has a 50 day moving average of €142.31 and a 200-day moving average of €120.27. The company has a current ratio of 1.11, a quick ratio of 0.66 and a debt-to-equity ratio of 49.28.

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.