Heineken (OTCMKTS:HEINY) Shares Cross Below 200-Day Moving Average – Time to Sell?

Heineken (OTCMKTS:HEINYGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $41.51 and traded as low as $33.95. Heineken shares last traded at $34.05, with a volume of 300,830 shares.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft cut Heineken from a “buy” rating to a “hold” rating in a report on Wednesday, December 4th.

Check Out Our Latest Stock Report on HEINY

Heineken Price Performance

The stock has a fifty day moving average price of $36.08 and a two-hundred day moving average price of $41.51.

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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