Heineken (OTCMKTS:HEINY) Sees Strong Trading Volume – Should You Buy?

Heineken NV (OTCMKTS:HEINYGet Free Report) shares saw an uptick in trading volume on Friday . Approximately 119,712 shares changed hands during trading, an increase of 8% from the previous session’s volume of 111,245 shares.The stock last traded at $43.34 and had previously closed at $42.74.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on HEINY shares. Deutsche Bank Aktiengesellschaft cut Heineken from a “buy” rating to a “hold” rating in a report on Thursday, May 28th. Royal Bank Of Canada restated a “sector perform” rating on shares of Heineken in a report on Monday, April 27th. Zacks Research lowered shares of Heineken from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, JPMorgan Chase & Co. cut shares of Heineken from an “overweight” rating to a “neutral” rating in a report on Wednesday, May 13th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on Heineken

Heineken Trading Up 1.7%

The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.69 and a current ratio of 0.93. The firm has a 50 day simple moving average of $40.14 and a two-hundred day simple moving average of $40.74.

Heineken Company Profile

(Get Free Report)

Heineken N.V. is a global brewing company best known for its flagship Heineken lager and a diversified portfolio of international and local beer brands. The company’s activities span brewing, marketing and distribution of beer and cider products, serving on?trade and off?trade channels as well as e?commerce. Heineken combines global brand management with local production through a network of owned breweries, joint ventures and licensed partners to reach consumers across different markets.

Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world’s largest brewers.

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