Heineken NV (OTCMKTS:HEINY – Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 288,564 shares, a growth of 86.3% from the June 30th total of 154,863 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 376,045 shares, the short-interest ratio is presently 0.8 days.
Heineken Stock Down 1.3%
Shares of OTCMKTS:HEINY traded down $0.58 during midday trading on Friday, hitting $45.35. The company’s stock had a trading volume of 19,544 shares, compared to its average volume of 119,871. The company has a current ratio of 0.93, a quick ratio of 0.69 and a debt-to-equity ratio of 0.79. The stock’s 50 day simple moving average is $41.79 and its 200 day simple moving average is $41.13. Heineken has a fifty-two week low of $37.03 and a fifty-two week high of $47.63.
Analyst Ratings Changes
A number of research analysts have recently weighed in on the stock. JPMorgan Chase & Co. downgraded shares of Heineken from an “overweight” rating to a “neutral” rating in a report on Wednesday, May 13th. Zacks Research downgraded shares of Heineken from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Royal Bank Of Canada restated a “sector perform” rating on shares of Heineken in a report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft cut Heineken from a “buy” rating to a “hold” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.
About Heineken
Heineken N.V. is a global brewing company best known for its flagship Heineken lager and a diversified portfolio of international and local beer brands. The company’s activities span brewing, marketing and distribution of beer and cider products, serving on‑trade and off‑trade channels as well as e‑commerce. Heineken combines global brand management with local production through a network of owned breweries, joint ventures and licensed partners to reach consumers across different markets.
Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world’s largest brewers.
See Also
- Five stocks we like better than Heineken
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for Heineken Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heineken and related companies with MarketBeat.com's FREE daily email newsletter.
