Heidelberg Materials (ETR:HEI) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Heidelberg Materials AG (ETR:HEI)’s stock price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of €174.51 and traded as high as €180.40. Heidelberg Materials shares last traded at €180.15, with a volume of 506,042 shares.

Heidelberg Materials Stock Performance

The stock’s 50-day moving average is €151.06 and its 200-day moving average is €174.51. The company has a current ratio of 1.24, a quick ratio of 0.66 and a debt-to-equity ratio of 44.66. The stock has a market cap of $33.43 billion, a price-to-earnings ratio of 17.96, a P/E/G ratio of 1.86 and a beta of 0.91.

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.