Heidelberg Materials (ETR:HEI) Shares Pass Above 200 Day Moving Average - Time to Sell?

Shares of Heidelberg Materials AG (ETR:HEI - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €144.48 ($164.18) and traded as high as €186.20 ($211.59). Heidelberg Materials shares last traded at €182.35 ($207.22), with a volume of 547,198 shares trading hands.

Heidelberg Materials Trading Up 2.8%

The company has a quick ratio of 0.66, a current ratio of 1.11 and a debt-to-equity ratio of 49.28. The company has a 50-day moving average price of €170.26 and a 200-day moving average price of €145.97. The company has a market capitalization of $33.77 billion, a price-to-earnings ratio of 18.15, a P/E/G ratio of 1.86 and a beta of 1.30.

Heidelberg Materials Company Profile

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.