Heidelberg Materials (OTCMKTS:HDLMY) Short Interest Update

Heidelberg Materials (OTCMKTS:HDLMY) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 19,452 shares, a decline of 57.5% from the April 15th total of 45,762 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 125,649 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

A number of equities analysts have weighed in on HDLMY shares. Zacks Research lowered shares of Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research report on Friday, April 24th. Citigroup raised shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. Two analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Heidelberg Materials currently has a consensus rating of “Moderate Buy”.

Heidelberg Materials Stock Down 8.0%

Heidelberg Materials stock traded down $3.42 during midday trading on Friday, hitting $39.28. 265,002 shares of the company’s stock were exchanged, compared to its average volume of 154,425. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.24 and a quick ratio of 0.84. Heidelberg Materials has a 12 month low of $36.59 and a 12 month high of $57.79. The business’s 50-day moving average price is $42.19.

Heidelberg Materials Company Profile

Heidelberg Materials (OTCMKTS: HDLMY) is a Germany‐based multinational building materials company with a core focus on cement production, aggregates, ready‐mixed concrete, asphalt, and other construction solutions. As one of the world’s leading cement producers, the company supplies essential raw and processed materials used in infrastructure, commercial, and residential construction projects. Its product portfolio also encompasses specialty cement, mineral additives, and tailored concrete technologies designed to meet diverse engineering and environmental requirements.

Operating in more than 50 countries across Europe, North America, Asia-Pacific, Latin America, the Middle East, and Africa, Heidelberg Materials maintains an extensive network of production facilities and distribution channels.