Ahold (OTCMKTS:ADRNY) Sees Strong Trading Volume – Here’s What Happened

Ahold NV (OTCMKTS:ADRNY – Get Free Report) saw an uptick in trading volume on Tuesday. Approximately 137,252 shares changed hands during trading, an increase of 0% from the previous session’s volume of 136,819 shares. The stock last traded at €37.19 and had previously closed at €36.56.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada raised Ahold to a “hold” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on ADRNY

Ahold Stock Up 1.5%

The company has a current ratio of 0.71, a quick ratio of 0.41 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $32.43 billion, a price-to-earnings ratio of 12.58, a price-to-earnings-growth ratio of 1.70 and a beta of 0.41. The firm has a 50 day moving average price of €36.26 and a two-hundred day moving average price of €40.55.

Ahold (OTCMKTS:ADRNY – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported €0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of €0.72 by €0.02. Ahold had a net margin of 2.45% and a return on equity of 16.64%. On average, equities analysts expect that Ahold NV will post 3.13 earnings per share for the current fiscal year.

Ahold Company Profile

(Get Free Report)

Ahold Delhaize is an international food retail and e-commerce company headquartered in Zaandam, the Netherlands. The company operates supermarkets, convenience stores and online grocery businesses, selling fresh food, packaged groceries, household products, health and beauty items, and other consumer goods. Its brands also provide digital ordering, delivery and pickup services in many markets.

The company was formed in 2016 through the merger of Koninklijke Ahold and Delhaize Group. Its retail brands include Albert Heijn, bol, Delhaize, Food Lion, Giant Food, Hannaford, Stop & Shop, Giant Company, and other regional banners.

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