Ahold (OTCMKTS:ADRNY) Shares Up 0.3% - Here's What Happened

Ahold NV (OTCMKTS:ADRNY - Get Free Report) shares rose 0.3% during mid-day trading on Friday . The company traded as high as €42.06 ($49.48) and last traded at €41.89 ($49.28). Approximately 23,600 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 34,397 shares. The stock had previously closed at €41.77 ($49.14).

Analysts Set New Price Targets

ADRNY has been the subject of several recent analyst reports. Wall Street Zen raised shares of Ahold from a "buy" rating to a "strong-buy" rating in a research note on Thursday, May 22nd. The Goldman Sachs Group upgraded shares of Ahold to a "strong-buy" rating in a report on Thursday, March 13th. Finally, Kepler Capital Markets downgraded shares of Ahold from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 8th.

Ahold Stock Performance

The company has a quick ratio of 0.46, a current ratio of 0.75 and a debt-to-equity ratio of 0.31. The business has a 50 day moving average price of €41.53 and a 200 day moving average price of €37.77. The stock has a market cap of $38.27 billion, a P/E ratio of 20.14, a PEG ratio of 1.62 and a beta of 0.51.

Ahold (OTCMKTS:ADRNY - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported €0.65 ($0.76) EPS for the quarter. Ahold had a return on equity of 15.69% and a net margin of 1.98%. As a group, sell-side analysts expect that Ahold NV will post 2.84 EPS for the current year.

About Ahold

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.

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