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

Heineken NV (OTCMKTS:HEINY) saw strong trading volume on Tuesday . 148,154 shares were traded during mid-day trading, an increase of 8% from the previous session’s volume of 137,482 shares.The stock last traded at $39.02 and had previously closed at $39.31.

Analyst Ratings Changes

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

Heineken Stock Performance

The company has a current ratio of 0.75, a quick ratio of 0.51 and a debt-to-equity ratio of 0.67. The stock’s 50-day moving average is $40.26 and its two-hundred day moving average is $40.45.

About Heineken

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.