Heidelberg Materials (OTCMKTS:HDLMY) Rating Lowered to Strong Sell at Zacks Research

Heidelberg Materials (OTCMKTS:HDLMY) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Heidelberg Materials Stock Performance

Shares of HDLMY opened at $39.70 on Monday. The company has a quick ratio of 0.84, a current ratio of 1.24 and a debt-to-equity ratio of 0.30. The stock has a 50-day moving average of $41.68 and a two-hundred day moving average of $45.43. Heidelberg Materials has a one year low of $36.59 and a one year high of $57.79.

Heidelberg Materials Company Profile

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.