Heidelberg Materials (ETR:HEI) Shares Cross Below 200 Day Moving Average – Time to Sell?

Heidelberg Materials AG (ETR:HEI) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €205.80 and traded as low as €175.10. Heidelberg Materials shares last traded at €177.85, with a volume of 382,597 shares.

Heidelberg Materials Stock Performance

The firm’s fifty day moving average is €196.83 and its 200-day moving average is €205.41. The company has a current ratio of 1.15, a quick ratio of 0.66 and a debt-to-equity ratio of 50.27. The stock has a market capitalization of $32.73 billion, a PE ratio of 17.59, a price-to-earnings-growth ratio of 1.86 and a beta of 0.93.

About Heidelberg Materials

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.