Heidelberg Materials (OTCMKTS:HDLMY – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as $31.44 and last traded at $31.44, with a volume of 64189 shares trading hands. The stock had previously closed at $33.01.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded Heidelberg Materials from a “strong sell” rating to a “hold” rating in a 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Get Our Latest Stock Report on Heidelberg Materials
Heidelberg Materials Trading Down 0.5%
About Heidelberg Materials
Heidelberg Materials 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 and other large-scale projects. The company also provides related building materials and services through a network of production facilities, distribution sites and construction-materials businesses.
The company traces its origins to 1873, when it was founded in Heidelberg, Germany, as Heidelberg Portland-Cement Works.
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