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Heineken (OTCMKTS:HEINY) Hits New 12-Month Low - Here's Why

Heineken logo with Consumer Staples background

Heineken (OTCMKTS:HEINY - Get Free Report) shares hit a new 52-week low during trading on Friday . The company traded as low as $35.96 and last traded at $36.03, with a volume of 274300 shares traded. The stock had previously closed at $36.13.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft lowered shares of Heineken from a "buy" rating to a "hold" rating in a report on Wednesday.

Get Our Latest Stock Analysis on Heineken

Heineken Stock Up 1.6 %

The firm's fifty day moving average is $40.26 and its two-hundred day moving average is $44.83.

Heineken Company Profile

(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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