Heineken NV (OTCMKTS:HEINY - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $41.94 and traded as low as $41.36. Heineken shares last traded at $41.51, with a volume of 293,711 shares changing hands.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the stock. HSBC upgraded shares of Heineken from a "hold" rating to a "buy" rating in a report on Wednesday, July 30th. Hsbc Global Res raised shares of Heineken to a "strong-buy" rating in a research note on Wednesday, July 30th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy".
Check Out Our Latest Research Report on HEINY
Heineken Stock Performance
The stock has a fifty day moving average of $44.10 and a 200-day moving average of $42.15. The company has a current ratio of 0.77, a quick ratio of 0.51 and a debt-to-equity ratio of 0.62.
Heineken Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, August 13th. Shareholders of record on Monday, August 11th will be given a $0.3258 dividend. The ex-dividend date is Friday, August 8th. This represents a yield of 207.0%.
About Heineken
(
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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.
Further Reading
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