Heineken (OTCMKTS:HEINY) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Heineken (OTCMKTS:HEINY) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $39.25 and traded as high as $44.08. Heineken shares last traded at $44.08, with a volume of 43,522 shares changing hands.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HEINY. Royal Bank of Canada upgraded shares of Heineken from a “sector perform” rating to an “outperform” rating in a report on Friday, March 14th. Berenberg Bank upgraded shares of Heineken to a “strong-buy” rating in a research note on Wednesday, April 2nd.

Heineken Stock Performance

The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.52 and a current ratio of 0.78. The stock’s 50 day simple moving average is $42.69 and its 200-day simple moving average is $39.25.

Heineken Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, May 9th. Shareholders of record on Thursday, April 24th were paid a dividend of $0.6136 per share. The ex-dividend date was Thursday, April 24th. This is a positive change from Heineken’s previous dividend of $0.27.

About Heineken

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.