Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Reaches New 52-Week High – Should You Buy?

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) reached a new 52-week high during trading on Thursday . The stock traded as high as €35.95 ($37.45) and last traded at €35.70 ($37.19), with a volume of 47476 shares changing hands. The stock had previously closed at €35.64 ($37.13).

Koninklijke Ahold Delhaize Trading Down 1.1 %

The business’s 50-day simple moving average is €33.90 and its two-hundred day simple moving average is €33.68. 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 $32.84 billion, a price-to-earnings ratio of 12.68, a PEG ratio of 1.97 and a beta of 0.52.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last announced its earnings results 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 company had revenue of €24.18 billion during the quarter. On average, research analysts anticipate that Koninklijke Ahold Delhaize will post 2.61 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.