Heineken (OTCMKTS:HEINY) Hits New 52-Week Low – Time to Sell?

Heineken (OTCMKTS:HEINYGet Free Report) reached a new 52-week low on Thursday . The company traded as low as $34.58 and last traded at $34.81, with a volume of 171670 shares trading hands. The stock had previously closed at $35.51.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft cut Heineken from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

Read Our Latest Stock Report on HEINY

Heineken Trading Down 2.0 %

The business has a 50-day moving average price of $36.96 and a two-hundred day moving average price of $42.31.

Heineken Company Profile

(Get Free Report)

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, Eastern Europe, and the Asia Pacific. The company provides soft drinks and water. It offers its beers under the Heineken, Heineken Light, Orchard Thieves, Orchard Thieves Light, Birra Moretti, Coors, Murphy's and Beamish Stouts, Desperados, Tiger, Sol, and Foster's brand, as well as under regional and local brands.

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