Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Sets New 52-Week High – What’s Next?

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as €35.91 ($37.41) and last traded at €35.79 ($37.28), with a volume of 68435 shares. The stock had previously closed at €34.88 ($36.33).

Analyst Upgrades and Downgrades

Separately, Hsbc Global Res upgraded Koninklijke Ahold Delhaize from a “moderate sell” rating to a “hold” rating in a research note on Monday, September 23rd.

Koninklijke Ahold Delhaize Price Performance

The company has a 50 day moving average of €33.67 and a 200-day moving average of €33.43. The firm has a market capitalization of $33.28 billion, a P/E ratio of 16.96, a P/E/G ratio of 1.93 and a beta of 0.52. The company has a current ratio of 0.79, a quick ratio of 0.49 and a debt-to-equity ratio of 0.35.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last announced its quarterly earnings data on Wednesday, November 6th. The company reported €0.68 ($0.71) earnings per share for the quarter. Koninklijke Ahold Delhaize had a return on equity of 16.37% and a net margin of 2.06%. The business had revenue of €24.18 billion during the quarter. On average, sell-side analysts predict that Koninklijke Ahold Delhaize will post 2.61 EPS for the current year.

Koninklijke Ahold Delhaize Company Profile

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.