Heidelberg Materials (ETR:HEI) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Heidelberg Materials AG (ETR:HEI)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of €186.28 and traded as high as €191.55. Heidelberg Materials shares last traded at €190.45, with a volume of 401,785 shares traded.

Heidelberg Materials Stock Up 1.5%

The firm’s 50-day moving average price is €185.37 and its 200-day moving average price is €204.02. The company has a market cap of $34.99 billion, a price-to-earnings ratio of 18.80, a price-to-earnings-growth ratio of 1.86 and a beta of 0.93. The company has a debt-to-equity ratio of 44.66, a current ratio of 1.24 and a quick ratio of 0.66.

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.