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Heidelberg Materials (ETR:HEI) Stock Passes Above 200 Day Moving Average - Here's What Happened

Heidelberg Materials logo with Basic Materials background

Heidelberg Materials AG (ETR:HEI - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €160.64 ($186.79) and traded as high as €207.70 ($241.51). Heidelberg Materials shares last traded at €204.80 ($238.14), with a volume of 319,607 shares changing hands.

Heidelberg Materials Stock Down 0.6%

The company has a debt-to-equity ratio of 49.28, a current ratio of 1.11 and a quick ratio of 0.66. The company has a fifty day moving average price of €184.55 and a 200 day moving average price of €160.64. The company has a market cap of $37.36 billion, a PE ratio of 20.08, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30.

About Heidelberg Materials

(Get Free Report)

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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