Ahold NV (OTCMKTS:ADRNY) Short Interest Update

Ahold NV (OTCMKTS:ADRNY) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 3,584 shares, a drop of 66.9% from the April 30th total of 10,820 shares. Based on an average trading volume of 229,989 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Ahold Price Performance

Shares of ADRNY opened at €42.12 on Monday. Ahold has a 1-year low of €32.25 and a 1-year high of €50.02. The stock has a market cap of $37.36 billion, a PE ratio of 14.38, a P/E/G ratio of 2.05 and a beta of 0.44. The firm has a 50-day simple moving average of €46.09 and a two-hundred day simple moving average of €43.75. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.71 and a quick ratio of 0.42.

Ahold (OTCMKTS:ADRNY) last announced its quarterly earnings data on Wednesday, May 6th. The company reported €0.73 earnings per share for the quarter, beating analysts’ consensus estimates of €0.70 by €0.03. The firm had revenue of €26.07 billion during the quarter, compared to analysts’ expectations of €26.24 billion. Ahold had a net margin of 2.48% and a return on equity of 17.29%. As a group, analysts forecast that Ahold will post 3.21 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Wall Street Zen cut shares of Ahold from a “strong-buy” rating to a “buy” rating in a research report on Monday, March 23rd. Zacks Research cut shares of Ahold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 19th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Ahold presently has an average rating of “Buy”.

Ahold Company Profile

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.