Heineken (OTCMKTS:HEINY) Hits New 1-Year Low – Here’s What Happened

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

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on Heineken

Heineken Price Performance

The firm has a 50 day simple moving average of $36.96 and a 200-day simple moving average 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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