Heineken NV (OTCMKTS:HEINY – Get Free Report) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 58,199 shares, a decrease of 73.6% from the August 15th total of 220,345 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 153,798 shares, the short-interest ratio is presently 0.4 days.
Heineken Stock Down 1.1%
Shares of HEINY traded down $0.44 during mid-day trading on Friday, reaching $40.79. 92,062 shares of the company were exchanged, compared to its average volume of 79,465. The business has a 50 day simple moving average of $43.28 and a two-hundred day simple moving average of $41.27. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.93 and a quick ratio of 0.69. Heineken has a 52 week low of $37.03 and a 52 week high of $47.63.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Heineken in a research note on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Heineken in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold”.
About Heineken
Heineken N.V. is a Netherlands-based brewing company headquartered in Amsterdam. Founded in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world’s largest international brewers and operates breweries, production facilities and commercial organizations across numerous markets.
The company’s portfolio includes Heineken, Heineken 0.0, Amstel, Birra Moretti, Sol, Tiger, Strongbow and Desperados, among other regional and specialty brands. In addition to beer, Heineken produces and markets cider, alcohol-free beverages and other drinks, with products sold through retail, hospitality and other distribution channels.
Heineken serves consumers across Europe, the Americas, Africa, the Middle East and Asia-Pacific.
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