Heidelberg Materials (ETR:HEI) Reaches New 1-Year High – Here’s What Happened

Shares of Heidelberg Materials AG (ETR:HEI) reached a new 52-week high on Wednesday . The company traded as high as €119.15 ($125.42) and last traded at €117.80 ($124.00), with a volume of 182466 shares trading hands. The stock had previously closed at €118.45 ($124.68).

Heidelberg Materials Stock Performance

The stock has a market capitalization of $21.34 billion, a P/E ratio of 11.72, a P/E/G ratio of 1.86 and a beta of 1.30. The company has a quick ratio of 0.66, a current ratio of 1.11 and a debt-to-equity ratio of 46.55. The stock has a 50 day simple moving average of €104.07 and a two-hundred day simple moving average of €98.70.

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.