Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Hits New 52-Week High – Time to Buy?

Shares of Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) reached a new 52-week high on Tuesday . The stock traded as high as €35.91 ($37.41) and last traded at €35.79 ($37.28), with a volume of 68435 shares traded. The stock had previously closed at €34.88 ($36.33).

Koninklijke Ahold Delhaize Price Performance

The stock has a 50-day simple moving average of €33.73 and a 200 day simple moving average of €33.48. The stock has a market capitalization of $32.93 billion, a P/E ratio of 16.78, a price-to-earnings-growth ratio of 1.98 and a beta of 0.52. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.49 and a current ratio of 0.79.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last posted its quarterly earnings results on Wednesday, November 6th. The company reported €0.68 ($0.71) earnings per share for the quarter. The business had revenue of €24.18 billion during the quarter. Koninklijke Ahold Delhaize had a net margin of 2.06% and a return on equity of 16.37%. On average, equities analysts forecast that Koninklijke Ahold Delhaize will post 2.61 earnings per share for the current fiscal year.

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.