Heineken (OTCMKTS:HEINY) Shares Gap Down – Here’s What Happened

Heineken NV (OTCMKTS:HEINYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $41.26, but opened at $39.41. Heineken shares last traded at $39.0935, with a volume of 3,126 shares trading hands.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft lowered Heineken from a “buy” rating to a “hold” rating in a research report on Thursday. JPMorgan Chase & Co. downgraded Heineken from an “overweight” rating to a “neutral” rating in a research note on Wednesday, May 13th. Citigroup reissued a “buy” rating on shares of Heineken in a research note on Thursday, February 12th. Dbs Bank downgraded Heineken from a “moderate buy” rating to a “hold” rating in a research note on Thursday, February 12th. Finally, Zacks Research downgraded Heineken from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, Heineken presently has a consensus rating of “Moderate Buy”.

Get Our Latest Research Report on HEINY

Heineken Stock Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 0.93 and a quick ratio of 0.69. The business has a 50 day moving average price of $39.07 and a 200-day moving average price of $40.63.

About Heineken

(Get Free Report)

Heineken N.V. is a global brewing company best known for its flagship Heineken lager and a diversified portfolio of international and local beer brands. The company’s activities span brewing, marketing and distribution of beer and cider products, serving on‑trade and off‑trade channels as well as e‑commerce. Heineken combines global brand management with local production through a network of owned breweries, joint ventures and licensed partners to reach consumers across different markets.

Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world’s largest brewers.

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