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

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

Wall Street Analyst Weigh In

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

Read Our Latest Stock Analysis on Heineken

Heineken Stock Down 4.6 %

The business’s fifty day simple moving average is $36.69 and its two-hundred day simple moving average is $42.15.

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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