Heineken (OTCMKTS:HEINY) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Heineken NV (OTCMKTS:HEINY)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $40.45 and traded as low as $39.35. Heineken shares last traded at $39.47, with a volume of 74,775 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. UBS Group raised shares of Heineken to a “strong-buy” rating in a research note on Monday, October 27th. BNP Paribas downgraded Heineken from an “outperform” rating to a “hold” rating in a report on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Heineken in a research note on Tuesday, January 6th. Three investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Heineken Trading Up 0.4%

The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.51. The business has a 50-day moving average price of $40.26 and a 200 day moving average price of $40.45.

Heineken Company Profile

Heineken N.V. is a global brewing company best known for its flagship Heineken lager and a diversified portfolio of international and local beer brands. The company’s activities span brewing, marketing and distribution of beer and cider products, serving on‑trade and off‑trade channels as well as e‑commerce. Heineken combines global brand management with local production through a network of owned breweries, joint ventures and licensed partners to reach consumers across different markets.

Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world’s largest brewers.