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

Shares of Heidelberg Materials AG (ETR:HEI) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €203.95 and traded as low as €181.60. Heidelberg Materials shares last traded at €188.35, with a volume of 542,198 shares traded.

Heidelberg Materials Trading Up 1.2%

The company has a debt-to-equity ratio of 44.66, a quick ratio of 0.66 and a current ratio of 1.24. The firm has a market capitalization of $34.57 billion, a price-to-earnings ratio of 18.58, a P/E/G ratio of 1.86 and a beta of 0.93. The company has a 50 day moving average price of €182.62 and a two-hundred day moving average price of €204.03.

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.