Ahold (OTCMKTS:ADRNY) Stock Price Down 0.1% - Here's What Happened

Key Points

• Ahold NV stock price decreased by 0.1%, trading between €40.49 ($47.64) and €40.80 ($48.00) with a significant drop in trading volume, down 66% from the daily average.
• Recent analyst updates include Kepler Capital Markets downgrading Ahold from a "strong-buy" to a "hold," while Wall Street Zen elevated it from "buy" to "strong-buy."
• The company's quarterly earnings reported €0.65 ($0.76) earnings per share, alongside a return on equity of 15.69% and anticipated EPS of 2.84 for the current year.

Shares of Ahold NV (OTCMKTS:ADRNY - Get Free Report) were down 0.1% during trading on Friday . The stock traded as low as €40.49 ($47.08) and last traded at €40.80 ($47.44). Approximately 33,600 shares traded hands during trading, a decline of 66% from the average daily volume of 99,782 shares. The stock had previously closed at €40.85 ($47.50).

Wall Street Analyst Weigh In

Several analysts recently commented on ADRNY shares. Wall Street Zen raised shares of Ahold from a "buy" rating to a "strong-buy" rating in a report on Thursday, May 22nd. 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 Up 0.4%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.46 and a current ratio of 0.75. The stock has a market cap of $36.42 billion, a P/E ratio of 19.23, a P/E/G ratio of 1.65 and a beta of 0.51. The stock's fifty day simple moving average is €41.49 and its 200-day simple moving average is €38.74.

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

Ahold 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.