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

Heidelberg Materials AG (ETR:HEI) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €108.05 ($111.39) and traded as high as €137.70 ($141.96). Heidelberg Materials shares last traded at €136.45 ($140.67), with a volume of 264,153 shares.

Heidelberg Materials Stock Down 0.8 %

The company’s 50 day moving average price is €124.77 and its 200 day moving average price is €108.05. The company has a quick ratio of 0.66, a current ratio of 1.11 and a debt-to-equity ratio of 46.55. The firm has a market capitalization of $24.53 billion, a price-to-earnings ratio of 13.39, a P/E/G ratio of 1.86 and a beta of 1.30.

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.