Heineken (OTCMKTS:HEINY) Sets New 1-Year Low – Should You Sell?

Heineken (OTCMKTS:HEINY)’s share price hit a new 52-week low on Monday . The stock traded as low as $41.79 and last traded at $41.88, with a volume of 95657 shares changing hands. The stock had previously closed at $42.52.

Heineken Stock Performance

The stock has a 50-day simple moving average of $44.12 and a 200-day simple moving average of $47.12.

Heineken Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, August 8th were given a dividend of $0.2703 per share. The ex-dividend date was Thursday, August 8th.

Heineken Company Profile

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.