Heineken (OTCMKTS:HEINY) Sees Unusually-High Trading Volume – What’s Next?

by · The Markets Daily

Heineken NV (OTCMKTS:HEINY – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 771,839 shares traded hands during mid-day trading, an increase of 408% from the previous session’s volume of 152,084 shares.The stock last traded at $40.4650 and had previously closed at $39.84.

Analysts Set New Price Targets

Several research firms have recently weighed in on HEINY. Deutsche Bank Aktiengesellschaft upgraded shares of Heineken from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. UBS Group raised Heineken to a “strong-buy” rating in a research note on Monday, October 27th. Three analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

Get Our Latest Analysis on HEINY

Heineken Trading Up 1.5%

The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.51 and a current ratio of 0.75. The firm’s 50 day simple moving average is $39.91 and its 200 day simple moving average is $41.27.

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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