Heineken (OTCMKTS:HEINY) Reaches New 52-Week Low – Should You Sell?

Heineken (OTCMKTS:HEINYGet Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as $34.73 and last traded at $34.86, with a volume of 217283 shares traded. The stock had previously closed at $35.27.

Wall Street Analysts Forecast Growth

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

View Our Latest Analysis on HEINY

Heineken Stock Down 1.2 %

The company’s fifty day moving average price is $37.54 and its two-hundred day moving average price is $42.77.

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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