Heineken (OTCMKTS:HEINY) Reaches New 52-Week Low – Time to Sell?

Heineken (OTCMKTS:HEINYGet Free Report)’s stock price hit a new 52-week low on Friday . The company traded as low as $34.73 and last traded at $34.86, with a volume of 217283 shares changing hands. The stock had previously closed at $35.27.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lowered shares of Heineken from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

Read Our Latest Stock Analysis on HEINY

Heineken Price Performance

The firm has a fifty day moving average of $37.38 and a 200-day moving average of $42.61.

About Heineken

(Get Free Report)

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.

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