Ahold (OTCMKTS:ADRNY) Sees Large Volume Increase – Still a Buy?

Ahold NV (OTCMKTS:ADRNY – Get Free Report) saw an uptick in trading volume on Tuesday. Approximately 137,252 shares traded hands during mid-day 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 shares of Ahold to a “hold” rating in a research note on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Analysis on ADRNY

Ahold Price Performance

The company’s 50-day moving average price is €36.25 and its 200-day moving average price is €40.40. The company has a quick ratio of 0.41, a current ratio of 0.71 and a debt-to-equity ratio of 0.34. The firm has a market cap of $31.94 billion, a price-to-earnings ratio of 12.39, a PEG ratio of 1.73 and a beta of 0.41.

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