Heineken (OTCMKTS:HEINY) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Heineken NV (OTCMKTS:HEINY) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $41.37 and traded as high as $45.17. Heineken shares last traded at $44.90, with a volume of 25,143 shares.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on HEINY. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Heineken in a report on Monday, April 27th. JPMorgan Chase & Co. cut Heineken from an “overweight” rating to a “neutral” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Heineken in a research report on Thursday. Finally, Zacks Research lowered Heineken from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Heineken presently has a consensus rating of “Hold”.

Heineken Stock Down 0.7%

The stock’s 50 day simple moving average is $42.44 and its two-hundred day simple moving average is $41.37. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.93 and a quick ratio of 0.69.

About Heineken

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.