Heineken (OTCMKTS:HEINY) Hits New 52-Week Low – Here’s Why

Shares of Heineken (OTCMKTS:HEINYGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $35.23 and last traded at $35.55, with a volume of 299258 shares trading hands. The stock had previously closed at $35.53.

Analyst Ratings Changes

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

Get Our Latest Stock Analysis on Heineken

Heineken Price Performance

The stock has a 50 day simple moving average of $38.75 and a two-hundred day simple moving average of $43.64.

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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