Heineken (OTCMKTS:HEINY) Sees Unusually-High Trading Volume – Here’s What Happened

Heineken NV (OTCMKTS:HEINY) shares saw an uptick in trading volume on Tuesday . 503,051 shares were traded during trading, an increase of 233% from the previous session’s volume of 151,053 shares.The stock last traded at $40.16 and had previously closed at $40.2255.

Analyst Ratings Changes

A number of research analysts recently issued reports on HEINY shares. Deutsche Bank Aktiengesellschaft upgraded Heineken from a “hold” rating to a “buy” rating in a research note on Friday, November 28th. UBS Group upgraded shares of Heineken to a “strong-buy” rating in a research report on Monday, October 27th. Three equities research analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to data from MarketBeat, Heineken presently has an average rating of “Strong Buy”.

Heineken Price Performance

The business has a fifty day simple moving average of $40.25 and a 200 day simple moving average of $41.04. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.51.

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.