Heidelberg Materials (OTCMKTS:HDELY) Stock Passes Above 50-Day Moving Average – Should You Sell?

Heidelberg Materials AG (OTCMKTS:HDELY) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $24.68 and traded as high as $25.02. Heidelberg Materials shares last traded at $24.93, with a volume of 27,257 shares changing hands.

Heidelberg Materials Stock Performance

The business’s 50-day moving average is $24.75 and its two-hundred day moving average is $22.25.

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.