Heineken (OTCMKTS:HEINY) Reaches New 52-Week Low – Should You Sell?

Shares of Heineken (OTCMKTS:HEINYGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $35.72 and last traded at $35.73, with a volume of 191485 shares traded. The stock had previously closed at $36.55.

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on HEINY

Heineken Trading Down 2.1 %

The company has a fifty day moving average of $39.14 and a two-hundred day moving average of $43.94.

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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