Heidelberg Materials (OTCMKTS:HDLMY) Hits New 12-Month Low – What’s Next?

Heidelberg Materials (OTCMKTS:HDLMY) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $35.8780 and last traded at $35.8780, with a volume of 117955 shares traded. The stock had previously closed at $36.53.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Heidelberg Materials from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Heidelberg Materials Stock Performance

The company’s 50-day simple moving average is $38.13 and its 200 day simple moving average is $40.75. The company has a current ratio of 1.24, a quick ratio of 0.84 and a debt-to-equity ratio of 0.30.

Heidelberg Materials Company Profile

Heidelberg Materials AG is a Germany-based global building materials company that produces and distributes cement, aggregates, ready-mixed concrete and asphalt. Its products are used in residential, commercial and infrastructure construction, including roads, bridges, buildings and other large-scale projects.

The company also provides construction-related products and services, including specialized cement and concrete solutions, recycled construction materials and other lower-carbon offerings.