Heineken (OTCMKTS:HEINY) Shares Gap Up – What’s Next?
by Michael Walen · The Markets DailyHeineken NV (OTCMKTS:HEINY – Get Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $38.33, but opened at $39.96. Heineken shares last traded at $40.09, with a volume of 2,378 shares changing hands.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. Royal Bank Of Canada reissued a “sector perform” rating on shares of Heineken in a research report on Monday, April 27th. JPMorgan Chase & Co. cut shares of Heineken from an “overweight” rating to a “neutral” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft cut shares of Heineken from a “buy” rating to a “hold” rating in a research report on Thursday, May 28th. Zacks Research cut shares of Heineken from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Citigroup reissued a “buy” rating on shares of Heineken in a research report on Thursday, February 12th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Heineken presently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Report on HEINY
Heineken Trading Up 1.0%
The firm’s 50-day moving average price is $39.11 and its two-hundred day moving average price is $40.52. The company has a quick ratio of 0.69, a current ratio of 0.93 and a debt-to-equity ratio of 0.79.
Heineken Company Profile
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.