Ahold (OTCMKTS:ADRNY – Get Free Report) issued its earnings results on Wednesday. The company reported €0.79 EPS for the quarter, topping analysts’ consensus estimates of €0.76 by €0.03, Zacks reports. Ahold had a net margin of 2.45% and a return on equity of 16.64%.
Ahold Stock Up 7.3%
Shares of OTCMKTS:ADRNY traded up €2.63 on Wednesday, hitting €38.59. 78,477 shares of the company’s stock were exchanged, compared to its average volume of 140,161. The firm’s 50-day moving average is €36.21 and its 200 day moving average is €41.40. The company has a market capitalization of $33.72 billion, a PE ratio of 13.08, a P/E/G ratio of 1.68 and a beta of 0.44. Ahold has a 1-year low of €32.25 and a 1-year high of €50.02. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.41 and a current ratio of 0.71.
About Ahold
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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