Heineken (OTCMKTS:HEINY) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Heineken (OTCMKTS:HEINY)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $39.22 and traded as high as $41.07. Heineken shares last traded at $40.68, with a volume of 123,942 shares trading hands.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada upgraded Heineken from a “sector perform” rating to an “outperform” rating in a report on Friday, March 14th.

Heineken Trading Up 0.6 %

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 business’s 50 day simple moving average is $40.03 and its 200 day simple moving average is $39.22.

Heineken Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 24th will be given a dividend of $0.6136 per share. The ex-dividend date of this dividend is 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.