Heidelberg Materials (OTCMKTS:HDLMY) Sees Strong Trading Volume – Here’s Why

Heidelberg Materials (OTCMKTS:HDLMY) shares saw an uptick in trading volume on Friday . 89,123 shares changed hands during trading, an increase of 126% from the previous session’s volume of 39,465 shares.The stock last traded at $53.86 and had previously closed at $54.12.

Wall Street Analysts Forecast Growth

HDLMY has been the subject of a number of recent analyst reports. Barclays upgraded shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a report on Monday, November 17th. Royal Bank Of Canada cut shares of Heidelberg Materials from a “moderate buy” rating to a “hold” rating in a report on Monday, December 8th. Finally, Zacks Research lowered Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research report on Friday, December 26th. One investment analyst has 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 data from MarketBeat, the company currently has a consensus rating of “Hold”.

Heidelberg Materials Stock Performance

About Heidelberg Materials

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.