Heidelberg Materials (ETR:HEI) Sets New 12-Month High – What’s Next?

Heidelberg Materials AG (ETR:HEI)’s share price reached a new 52-week high on Tuesday . The stock traded as high as €120.70 ($127.05) and last traded at €123.85 ($130.37), with a volume of 424422 shares. The stock had previously closed at €120.00 ($126.32).

Heidelberg Materials Stock Performance

The stock’s 50 day moving average is €106.81 and its 200 day moving average is €99.49. The firm has a market cap of $21.88 billion, a price-to-earnings ratio of 12.25, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30. The company has a current ratio of 1.11, a quick ratio of 0.66 and a debt-to-equity ratio of 46.55.

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.