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

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.

Ahold NV (OTCMKTS:ADRNY - Get Free Report)'s share price was down 0.1% during trading on Friday . The stock traded as low as €40.49 ($47.64) and last traded at €40.80 ($48.00). Approximately 33,600 shares changed hands during trading, a decline of 66% from the average daily volume of 99,782 shares. The stock had previously closed at €40.85 ($48.06).

Analyst Ratings Changes

Several equities analysts recently commented on ADRNY shares. Kepler Capital Markets cut Ahold from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 8th. Wall Street Zen upgraded Ahold from a "buy" rating to a "strong-buy" rating in a research report on Thursday, May 22nd.

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 company has a 50-day moving average of €41.53 and a 200 day moving average of €38.62. The firm has a market capitalization of $37.15 billion, a PE ratio of 19.62, a PEG ratio of 1.65 and a beta of 0.51.

Ahold (OTCMKTS:ADRNY - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported €0.65 ($0.76) earnings per share (EPS) for the quarter. Ahold had a return on equity of 15.69% and a net margin of 1.98%. Equities research analysts predict 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.