Ahold NV (OTCMKTS:ADRNY) Short Interest Down 31.3% in December

Ahold NV (OTCMKTS:ADRNY) saw a large decline in short interest in December. As of December 31st, there was short interest totaling 16,254 shares, a decline of 31.3% from the December 15th total of 23,674 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 73,709 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 73,709 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Ahold Trading Down 0.2%

ADRNY opened at €39.62 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.70 and a quick ratio of 0.42. Ahold has a fifty-two week low of €32.25 and a fifty-two week high of €43.26. The company’s 50 day moving average price is €40.72 and its two-hundred day moving average price is €40.78. The firm has a market capitalization of $35.35 billion, a price-to-earnings ratio of 15.78, a PEG ratio of 1.79 and a beta of 0.49.

Ahold (OTCMKTS:ADRNY) last released its quarterly earnings results on Wednesday, November 5th. The company reported €0.78 earnings per share (EPS) for the quarter. Ahold had a net margin of 2.25% and a return on equity of 16.23%. As a group, research analysts predict that Ahold will post 2.84 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ADRNY. Kepler Capital Markets upgraded shares of Ahold from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Zacks Research cut Ahold from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. UBS Group raised Ahold from a “strong sell” rating to a “hold” rating in a report on Thursday, October 16th. Finally, Jefferies Financial Group upgraded shares of Ahold from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Three investment analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

About Ahold

Ahold Delhaize (often shortened to Ahold) is an international retail grocery group that operates supermarkets, online grocery platforms and related food retail services. The company’s operations span both brick-and-mortar stores and digital channels, offering a mix of fresh foods, packaged groceries, household goods and private-label products. Its business model combines local store networks with centralized purchasing, distribution and supply-chain capabilities to serve everyday consumer needs.

The firm was formed through the 2016 merger of Koninklijke Ahold and Delhaize Group, creating a combined network of banners and ecommerce platforms across multiple geographies.