Heidelberg Materials (OTCMKTS:HDLMY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $38.51, but opened at $40.91. Heidelberg Materials shares last traded at $41.00, with a volume of 5,974 shares changing hands.
Analyst Ratings Changes
Several equities research analysts have recently commented on HDLMY shares. Royal Bank Of Canada upgraded shares of Heidelberg Materials from a “hold” rating to a “moderate buy” rating in a report on Friday, October 9th. Zacks Research upgraded shares of Heidelberg Materials from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Heidelberg Materials has a consensus rating of “Buy”.
Get Our Latest Report on HDLMY
Heidelberg Materials Price Performance
The stock has a fifty day moving average price of $34.26 and a 200-day moving average price of $40.39.
About Heidelberg Materials
Heidelberg Materials is a Germany-based producer of building materials and construction products. Its principal businesses include cement, aggregates such as sand and gravel, and ready-mixed concrete. The company also supplies asphalt and other materials used in construction and infrastructure projects.
Founded in Heidelberg in 1874 as HeidelbergCement, the company adopted the Heidelberg Materials name in 2023. It serves customers across Europe, North America, Asia-Pacific, and other international markets through a network of production sites and distribution operations.
Heidelberg Materials develops products and processes intended to reduce the carbon footprint of construction, including lower-carbon cement and concrete.
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