Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Hits New 12-Month High – Here’s Why

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as €37.19 ($40.43) and last traded at €36.99 ($40.21), with a volume of 71697 shares traded. The stock had previously closed at €36.28 ($39.43).

Koninklijke Ahold Delhaize Stock Up 2.0 %

The firm has a 50 day moving average of €35.02 and a 200-day moving average of €34.28. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.79 and a quick ratio of 0.49. The stock has a market capitalization of $34.40 billion, a P/E ratio of 18.13, a price-to-earnings-growth ratio of 1.82 and a beta of 0.52.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last posted its earnings results on Wednesday, February 12th. The company reported €0.74 ($0.80) EPS for the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.81% and a net margin of 1.97%. On average, equities research analysts expect that Koninklijke Ahold Delhaize will post 2.84 earnings per share for the current fiscal year.

About Koninklijke Ahold Delhaize

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.