Heineken (OTCMKTS:HEINY) Hits New 1-Year High – Should You Buy?

Shares of Heineken NV (OTCMKTS:HEINY) reached a new 52-week high on Thursday . The company traded as high as $47.44 and last traded at $47.2510, with a volume of 17040 shares trading hands. The stock had previously closed at $46.29.

Wall Street Analyst Weigh In

A number of equities analysts have commented on HEINY shares. Dbs Bank lowered Heineken from a “moderate buy” rating to a “hold” rating in a research note on Thursday. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Heineken in a report on Thursday. BNP Paribas Exane lowered shares of Heineken from an “outperform” rating to a “hold” rating in a report on Monday, January 12th. UBS Group upgraded shares of Heineken to a “strong-buy” rating in a research report on Monday, October 27th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Heineken in a research note on Thursday. Three research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Heineken Price Performance

The company has a quick ratio of 0.51, a current ratio of 0.75 and a debt-to-equity ratio of 0.67. The stock has a 50-day moving average of $40.98 and a 200 day moving average of $40.21.

Heineken Company Profile

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.