Heineken (OTCMKTS:HEINY) Stock Passes Above Two Hundred Day Moving Average - Here's Why

Heineken (OTCMKTS:HEINY - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $39.37 and traded as high as $43.51. Heineken shares last traded at $43.45, with a volume of 36,293 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on HEINY shares. Berenberg Bank upgraded shares of Heineken to a "strong-buy" rating in a research report on Wednesday, April 2nd. Royal Bank of Canada upgraded shares of Heineken from a "sector perform" rating to an "outperform" rating in a research report on Friday, March 14th.

Heineken Stock Performance

The company has a fifty day simple moving average of $42.90 and a 200-day simple moving average of $39.47. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.52 and a current ratio of 0.78.

Heineken Company Profile

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.