Heineken (OTCMKTS:HEINY) Shares Pass Above 200-Day Moving Average - What's Next?

Shares of Heineken (OTCMKTS:HEINY - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $39.25 and traded as high as $44.08. Heineken shares last traded at $44.08, with a volume of 43,522 shares changing hands.

Analysts Set New Price Targets

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

Heineken Stock Up 2.4%

The company's 50-day moving average is $42.75 and its two-hundred day moving average is $39.29. The company has a current ratio of 0.78, a quick ratio of 0.52 and a debt-to-equity ratio of 0.62.

Heineken Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 9th. Shareholders of record on Thursday, April 24th were paid a dividend of $0.6136 per share. This is an increase from Heineken's previous dividend of $0.27. The ex-dividend date was Thursday, April 24th.

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.