Heidelberg Materials (OTCMKTS:HDELY) Reaches New 12-Month High – Time to Buy?

Shares of Heidelberg Materials AG (OTCMKTS:HDELY) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $26.24 and last traded at $25.91, with a volume of 44859 shares traded. The stock had previously closed at $25.64.

Heidelberg Materials Price Performance

The company’s 50 day simple moving average is $23.21 and its 200 day simple moving average is $21.67.

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.