Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Hits New 52-Week High – Here’s Why

by · The Cerbat Gem

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as €35.00 ($38.46) and last traded at €34.87 ($38.32), with a volume of 34473 shares. The stock had previously closed at €34.83 ($38.27).

Analyst Upgrades and Downgrades

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

Check Out Our Latest Analysis on Koninklijke Ahold Delhaize

Koninklijke Ahold Delhaize Stock Performance

The company has a market cap of $32.43 billion, a PE ratio of 16.51, a P/E/G ratio of 2.11 and a beta of 0.50. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.56 and a current ratio of 0.85. The stock’s 50-day simple moving average is €33.92 and its 200 day simple moving average is €32.39.

Koninklijke Ahold Delhaize Company Profile

(Get Free Report)

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.

Further Reading