Heidelberg Materials (OTCMKTS:HLBZF) Share Price Crosses Below 200 Day Moving Average of $77.18

Heidelberg Materials AG (OTCMKTS:HLBZF)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $77.18 and traded as low as $72.68. Heidelberg Materials shares last traded at $72.68, with a volume of 247 shares trading hands.

Analyst Upgrades and Downgrades

Separately, HSBC raised shares of Heidelberg Materials from a “hold” rating to a “buy” rating in a report on Friday, October 6th.

Heidelberg Materials Stock Performance

The stock’s 50-day moving average price is $76.18 and its two-hundred day moving average price is $77.20.

Heidelberg Materials Company Profile

Heidelberg Materials AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products; natural stone aggregates, including sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts, such as stairs, ceiling elements, or structural components.