Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Reaches New 52-Week High at $34.77

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) shares hit a new 52-week high on Tuesday . The company traded as high as €34.77 ($38.63) and last traded at €34.77 ($38.63), with a volume of 27616 shares changing hands. The stock had previously closed at €34.37 ($38.19).

Koninklijke Ahold Delhaize Price Performance

The company has a 50 day simple moving average of €33.28 and a 200-day simple moving average of €31.40. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 0.38. The stock has a market cap of $32.61 billion, a price-to-earnings ratio of 16.60, a P/E/G ratio of 2.00 and a beta of 0.50.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last posted its earnings results on Wednesday, August 7th. The company reported €0.70 ($0.78) earnings per share for the quarter. The company had revenue of €24.06 billion during the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.98% and a net margin of 2.09%. Research analysts expect that Koninklijke Ahold Delhaize will post 2.75 EPS for the current year.

Koninklijke Ahold Delhaize Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, August 29th. Investors of record on Monday, August 12th were given a dividend of $0.4245 per share. The ex-dividend date of this dividend was Monday, August 12th. Koninklijke Ahold Delhaize’s dividend payout ratio is currently 41.55%.

Koninklijke Ahold Delhaize 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.