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 mid-day trading on Monday . The company 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).

Analysts Set New Price Targets

Separately, Hsbc Global Res raised 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 company has a market capitalization of $31.71 billion, a price-to-earnings ratio of 12.17, a P/E/G ratio of 2.07 and a beta of 0.50. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 0.38. The stock’s 50 day moving average price is €33.92 and its 200 day moving average price is €32.45.

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.