Heidelberg Materials (ETR:HEI) Sets New 52-Week High – Time to Buy?

Heidelberg Materials AG (ETR:HEI)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as €110.95 ($121.92) and last traded at €107.75 ($118.41), with a volume of 472309 shares traded. The stock had previously closed at €105.15 ($115.55).

Heidelberg Materials Stock Performance

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 market cap of $19.52 billion, a PE ratio of 10.66, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30. The stock has a fifty day moving average of €97.18 and a 200-day moving average of €96.48.

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.