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

Key Points

• Heidelberg Materials AG shares have crossed above their 200-day moving average at €175.98, reaching up to €203.60 during trading.
• The company's current stock price is €201.20, with a market capitalization of $37.24 billion and a P/E ratio of 20.01.
• Heidelberg Materials specializes in the production and distribution of cement, aggregates, and ready-mixed concrete for various construction applications.

Heidelberg Materials AG (ETR:HEI - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €175.98 ($204.63) and traded as high as €203.60 ($236.74). Heidelberg Materials shares last traded at €201.20 ($233.95), with a volume of 256,117 shares changing hands.

Heidelberg Materials Stock Performance

The company has a current ratio of 1.11, a quick ratio of 0.66 and a debt-to-equity ratio of 49.28. The stock has a market capitalization of $37.60 billion, a PE ratio of 20.21, a PEG ratio of 1.86 and a beta of 1.30. The firm's 50-day simple moving average is €197.68 and its two-hundred day simple moving average is €177.13.

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.