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

Heineken NV (OTCMKTS:HEINYGet Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $39.60 and traded as high as $42.4105. Heineken shares last traded at $41.9550, with a volume of 39,337 shares changing hands.

Analyst Upgrades and Downgrades

HEINY has been the subject of several recent research reports. Royal Bank Of Canada restated a “sector perform” rating on shares of Heineken in a report on Monday, April 27th. JPMorgan Chase & Co. lowered shares of Heineken from an “overweight” rating to a “neutral” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft downgraded shares of Heineken from a “buy” rating to a “hold” rating in a research note on Thursday, May 28th. Finally, Zacks Research lowered Heineken from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on Heineken

Heineken Stock Up 3.2%

The stock’s fifty day simple moving average is $39.64 and its 200 day simple moving average is $40.63. The company has a quick ratio of 0.69, a current ratio of 0.93 and a debt-to-equity ratio of 0.79.

About Heineken

(Get Free Report)

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.

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