Heineken (OTCMKTS:HEINY) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Heineken NV (OTCMKTS:HEINY)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $41.65 and traded as high as $46.09. Heineken shares last traded at $46.04, with a volume of 168,049 shares changing hands.

Analyst Ratings Changes

HEINY has been the subject of several research analyst reports. Royal Bank Of Canada restated a “sector perform” rating on shares of Heineken in a research note on Thursday, February 12th. BNP Paribas Exane cut Heineken from an “outperform” rating to a “hold” rating in a report on Monday, January 12th. Citigroup restated a “buy” rating on shares of Heineken in a report on Thursday, February 12th. Dbs Bank cut shares of Heineken from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 12th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Heineken in a research report on Thursday, February 12th. Three equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Heineken currently has a consensus rating of “Moderate Buy”.

Heineken Stock Up 0.8%

The company has a quick ratio of 0.51, a current ratio of 0.75 and a debt-to-equity ratio of 0.67. The business has a 50 day moving average price of $41.65 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.