Heidelberg Materials (OTCMKTS:HDLMY – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 5,435 shares, a drop of 44.0% from the July 15th total of 9,706 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 158,891 shares, the short-interest ratio is presently 0.0 days.
Heidelberg Materials Stock Down 2.8%
OTCMKTS:HDLMY opened at $35.90 on Wednesday. Heidelberg Materials has a twelve month low of $35.90 and a twelve month high of $57.79. The company has a current ratio of 1.24, a quick ratio of 0.84 and a debt-to-equity ratio of 0.30. The stock has a fifty day simple moving average of $39.21 and a 200-day simple moving average of $42.16.
Wall Street Analysts Forecast Growth
Separately, Zacks Research cut Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.
About Heidelberg Materials
Heidelberg Materials (OTCMKTS: HDLMY) is a Germany‐based multinational building materials company with a core focus on cement production, aggregates, ready‐mixed concrete, asphalt, and other construction solutions. As one of the world’s leading cement producers, the company supplies essential raw and processed materials used in infrastructure, commercial, and residential construction projects. Its product portfolio also encompasses specialty cement, mineral additives, and tailored concrete technologies designed to meet diverse engineering and environmental requirements.
Operating in more than 50 countries across Europe, North America, Asia-Pacific, Latin America, the Middle East, and Africa, Heidelberg Materials maintains an extensive network of production facilities and distribution channels.
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