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

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) shares hit a new 52-week high during trading on Friday . The stock traded as high as €37.19 ($40.43) and last traded at €36.99 ($40.21), with a volume of 71697 shares trading hands. The stock had previously closed at €36.28 ($39.43).

Koninklijke Ahold Delhaize Trading Up 2.0 %

The firm has a 50-day moving average of €35.02 and a two-hundred day moving average of €34.28. The firm has a market capitalization of $34.40 billion, a P/E ratio of 18.13, a P/E/G ratio of 1.82 and a beta of 0.52. The company has a current ratio of 0.79, a quick ratio of 0.49 and a debt-to-equity ratio of 0.35.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last issued its earnings results on Wednesday, February 12th. The company reported €0.74 ($0.80) earnings per share (EPS) for the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.81% and a net margin of 1.97%. On average, analysts anticipate that Koninklijke Ahold Delhaize will post 2.84 EPS for the current 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.