Heineken (OTCMKTS:HEINY) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Heineken NV (OTCMKTS:HEINY)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $40.25 and traded as low as $39.90. Heineken shares last traded at $40.31, with a volume of 104,444 shares.

Wall Street Analyst Weigh In

HEINY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Heineken in a research report on Tuesday, January 6th. BNP Paribas Exane cut Heineken from an “outperform” rating to a “hold” rating in a research note on Monday, January 12th. UBS Group raised Heineken to a “strong-buy” rating in a report on Monday, October 27th. Finally, Oddo Bhf downgraded Heineken to a “neutral” rating in a report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Heineken Stock Up 1.3%

The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.51. The company has a fifty day moving average price of $40.15 and a two-hundred day moving average price of $40.25.

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.