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Heineken (OTCMKTS:HEINY) Sets New 52-Week Low - Here's Why

Heineken logo with Consumer Staples background

Heineken (OTCMKTS:HEINY - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $35.23 and last traded at $35.55, with a volume of 299258 shares traded. The stock had previously closed at $35.53.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft downgraded Heineken from a "buy" rating to a "hold" rating in a research note on Wednesday, December 4th.

Check Out Our Latest Research Report on HEINY

Heineken Price Performance

The company's 50 day moving average price is $38.61 and its two-hundred day moving average price is $43.52.

About Heineken

(Get Free Report)

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.

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