Heidelberg Materials (ETR:HEI) Shares Cross Below 200-Day Moving Average – What’s Next?

Heidelberg Materials AG (ETR:HEI)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €210.02 and traded as low as €182.45. Heidelberg Materials shares last traded at €188.45, with a volume of 1,704,007 shares traded.

Heidelberg Materials Price Performance

The company has a 50-day moving average of €223.59 and a 200-day moving average of €209.95. The company has a debt-to-equity ratio of 49.28, a quick ratio of 0.66 and a current ratio of 1.11. The stock has a market cap of $35.78 billion, a price-to-earnings ratio of 19.23, a PEG ratio of 1.86 and a beta of 1.30.

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.