Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Sets New 1-Year High – Here’s Why

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as €35.00 ($37.23) and last traded at €34.87 ($37.10), with a volume of 34473 shares changing hands. The stock had previously closed at €34.83 ($37.05).

Wall Street Analyst Weigh In

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

Koninklijke Ahold Delhaize Stock Performance

The stock has a market cap of $31.71 billion, a P/E ratio of 12.17, a price-to-earnings-growth ratio of 2.07 and a beta of 0.50. The firm’s 50-day moving average is €33.92 and its two-hundred day moving average is €32.45. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 0.38.

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.