Short Interest in Ahold NV (OTCMKTS:ADRNY) Decreases By 90.9%

Ahold NV (OTCMKTS:ADRNYGet Free Report) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 3,661 shares, a drop of 90.9% from the January 15th total of 40,219 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 166,777 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 166,777 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Kepler Capital Markets upgraded shares of Ahold from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. UBS Group upgraded Ahold from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 16th. Finally, Zacks Research cut Ahold from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. Three analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Ahold presently has a consensus rating of “Buy”.

View Our Latest Stock Report on Ahold

Ahold Trading Up 11.8%

Shares of ADRNY stock opened at €46.00 on Thursday. The business has a 50-day moving average of €40.23 and a 200 day moving average of €40.61. 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 1-year low of €32.25 and a 1-year high of €46.04. The stock has a market capitalization of $41.05 billion, a PE ratio of 18.33, a P/E/G ratio of 2.35 and a beta of 0.50.

Ahold (OTCMKTS:ADRNYGet Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported €0.85 EPS for the quarter, beating analysts’ consensus estimates of €0.78 by €0.07. Ahold had a return on equity of 16.23% and a net margin of 2.25%. As a group, sell-side analysts anticipate that Ahold will post 2.84 earnings per share for the current year.

Key Stories Impacting Ahold

Here are the key news stories impacting Ahold this week:

Ahold Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Ahold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ahold and related companies with MarketBeat.com's FREE daily email newsletter.