Heidelberg Materials (ETR:HEI) Stock Crosses Below 200 Day Moving Average - What's Next?

Key Points

• Heidelberg Materials shares crossed below its 200-day moving average during trading on Tuesday; the 200-day MA is €204.79 and the stock traded as low as €174.25, last reported at €177.55.
• The 50-day moving average is €192.27 and the report showed a trading volume of 0 shares, indicating either extremely light trading that day or a possible data/reporting anomaly.
• Key fundamentals: market cap $31.26 billion, P/E 16.80, PEG 1.86, beta 0.93, with a current ratio of 1.24, quick ratio 0.66 and debt-to-equity of 44.66.

Heidelberg Materials AG (ETR:HEI - ) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €204.79 and traded as low as €174.25. Heidelberg Materials shares last traded at €177.55, with a volume of 0 shares.

Heidelberg Materials Price Performance

The company's 50-day moving average price is €192.27 and its two-hundred day moving average price is €204.79. The company has a market cap of $31.26 billion, a P/E ratio of 16.80, a P/E/G ratio of 1.86 and a beta of 0.93. The company has a current ratio of 1.24, a quick ratio of 0.66 and a debt-to-equity ratio of 44.66.

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.

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