Heidelberg Materials (OTCMKTS:HDLMY) Hits New 1-Year Low – Should You Sell?

Heidelberg Materials (OTCMKTS:HDLMYGet Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $32.62 and last traded at $32.6353, with a volume of 38411 shares traded. The stock had previously closed at $32.92.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Heidelberg Materials from a “strong sell” rating to a “hold” rating in a research report on Monday, August 31st. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Heidelberg Materials currently has a consensus rating of “Buy”.

Check Out Our Latest Report on Heidelberg Materials

Heidelberg Materials Stock Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.84 and a current ratio of 1.24. The firm’s 50-day simple moving average is $37.17 and its two-hundred day simple moving average is $39.98.

About Heidelberg Materials

(Get Free Report)

Heidelberg Materials AG is a Germany-based global building materials company that produces and distributes cement, aggregates, ready-mixed concrete and asphalt. Its products are used in residential, commercial and infrastructure construction, including roads, bridges, buildings and other large-scale projects.

The company also provides construction-related products and services, including specialized cement and concrete solutions, recycled construction materials and other lower-carbon offerings.

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