HeidelbergCement (ETR:HEI) Rating Downgrade

In spite of this stock rating downgrade ETR:HEI is right now trading 3.19% higher at EUR 75.74 as of 22:05 Frankfurt time. HeidelbergCement’s stock is up 10.83% over the past 200 days. It has outperformed the S&P500 Index, which has gained 7.56% over the same time period.

ETR:HEI Price Chart & Trend

The stock price of HeidelbergCement has risen 10.83% over the last 200 days, and is in strong up trend. In the last 50 and 100 days, HeidelbergCement is up 1.15% and up 10.27%, respectively. Our stocks momentum model is shown on the price chart below.

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

HeidelbergCement (ETR:HEI) Profile

Heidelbergcement AG is a Germany-based company engaged in the manufacture of building materials. The Company’s main activities include the production and distribution of cement and aggregates, the two raw materials for the manufacture of concrete. Furthermore it is engaged in downstream activities, such as ready-mixed concrete, concrete products, and concrete elements, as well as other related products and services.

HeidelbergCement (ETR:HEI) traded up 3.19% on 29 July, hitting EUR 75.74. A total of 998,249 shares of the company’s stock traded hands. This is up from average of 586,695 shares. HeidelbergCement has a 52 week low of EUR 58.70 and a 52 week high of EUR 80.03. The company has a market cap of 14.23B EUR and a P/E ratio of 16.12.

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