Heidelberg Materials (ETR:HEI) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Heidelberg Materials AG (ETR:HEI) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €105.06 ($108.31) and traded as high as €127.60 ($131.55). Heidelberg Materials shares last traded at €127.55 ($131.49), with a volume of 687,640 shares.

Heidelberg Materials Trading Down 1.4 %

The company has a current ratio of 1.11, a quick ratio of 0.66 and a debt-to-equity ratio of 46.55. The stock has a market cap of $22.78 billion, a price-to-earnings ratio of 12.44, a P/E/G ratio of 1.86 and a beta of 1.30. The company has a fifty day simple moving average of €121.23 and a 200-day simple moving average of €105.06.

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.