Heineken (OTCMKTS:HEINY) Sets New 12-Month Low – What’s Next?

Heineken (OTCMKTS:HEINYGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as $35.72 and last traded at $35.73, with a volume of 191485 shares. The stock had previously closed at $36.55.

Analyst Ratings Changes

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

Read Our Latest Stock Analysis on Heineken

Heineken Price Performance

The business’s 50-day simple moving average is $38.88 and its two-hundred day simple moving average is $43.83.

About Heineken

(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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