Heidelberg Materials (ETR:HEI) Stock Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• Heidelberg Materials' stock crossed below its 200-day moving average, trading as low as €181.60 and last at €188.35 compared with the 200-day MA of €203.95, on volume of 542,198 shares.
• The company has a market capitalization of $34.57 billion, a P/E of 18.58 and PEG of 1.86, alongside a debt-to-equity ratio of 44.66 and liquidity ratios of current 1.24 and quick 0.66.
• Heidelberg Materials is a global producer and distributor of cement, aggregates, ready-mixed concrete and asphalt for construction projects and precast components.

Heidelberg Materials AG (ETR:HEI - ) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €203.95 and traded as low as €181.60. Heidelberg Materials shares last traded at €188.35, with a volume of 542,198 shares changing hands.

Heidelberg Materials Price Performance

The firm's 50-day moving average is €182.62 and its 200-day moving average is €203.95. The company has a debt-to-equity ratio of 44.66, a current ratio of 1.24 and a quick ratio of 0.66. The company has a market capitalization of $34.57 billion, a P/E ratio of 18.58, a price-to-earnings-growth ratio of 1.86 and a beta of 0.93.

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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