Heidelberg Materials (OTCMKTS:HDLMY – Get Free Report) shares crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $34.29 and traded as high as $35.09. Heidelberg Materials shares last traded at $34.86, with a volume of 238,688 shares.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on HDLMY. Zacks Research upgraded shares of Heidelberg Materials from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Royal Bank Of Canada upgraded shares of Heidelberg Materials from a “hold” rating to a “moderate buy” rating in a research report on Friday, October 9th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy”.
Get Our Latest Stock Analysis on Heidelberg Materials
Heidelberg Materials Stock Performance
The firm has a 50 day simple moving average of $34.29 and a 200-day simple moving average of $40.78.
Heidelberg Materials Company Profile
Heidelberg Materials AG is a Germany-based building materials and solutions company serving the construction industry worldwide. Its principal activities include the production and distribution of cement, aggregates, ready-mixed concrete and asphalt, along with related building products and services.
The company supplies materials used in residential, commercial and infrastructure projects, including roads, bridges and other large-scale construction. Heidelberg Materials also develops lower-carbon construction products and technologies as part of its efforts to reduce emissions across the cement and concrete value chain.
Founded in 1873 as HeidelbergCement, the company adopted the Heidelberg Materials name in 2023.
Read More
- Five stocks we like better than Heidelberg Materials
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for Heidelberg Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heidelberg Materials and related companies with MarketBeat.com's FREE daily email newsletter.
