Heidelberg Materials AG (OTCMKTS:HLBZF – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $229.82 and traded as low as $188.4280. Heidelberg Materials shares last traded at $195.2960, with a volume of 797 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley restated an “overweight” rating on shares of Heidelberg Materials in a research note on Thursday, April 9th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.
View Our Latest Analysis on HLBZF
Heidelberg Materials Stock Down 0.8%
About Heidelberg Materials
Heidelberg Materials (OTCMKTS: HLBZF) is a global building materials company headquartered in Heidelberg, Germany. Formerly known as HeidelbergCement, the company develops, manufactures and markets a comprehensive range of construction materials. Its core product lines include cement, aggregates, ready-mix concrete and asphalt, complemented by performance materials such as mineral components, industrial fillers and admixtures.
In addition to commodity building products, Heidelberg Materials offers tailored solutions encompassing technical consulting, digital construction platforms and CO₂ management services.
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