Ahold NV (OTCMKTS:ADRNY) Sees Significant Growth in Short Interest

Ahold NV (OTCMKTS:ADRNY – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 141,660 shares, a growth of 66.1% from the September 15th total of 85,274 shares. Based on an average daily volume of 380,761 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Ahold Stock Up 0.9%

ADRNY stock opened at €36.48 on Friday. The company has a 50 day moving average price of €36.30 and a two-hundred day moving average price of €40.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.41 and a current ratio of 0.71. The stock has a market capitalization of $31.87 billion, a P/E ratio of 12.37, a PEG ratio of 1.70 and a beta of 0.41. Ahold has a one year low of €32.25 and a one year high of €50.02.

Ahold (OTCMKTS:ADRNY – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported €0.74 earnings per share for the quarter, topping analysts’ consensus estimates of €0.72 by €0.02. Ahold had a return on equity of 16.64% and a net margin of 2.45%. As a group, sell-side analysts expect that Ahold will post 3.13 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada upgraded shares of Ahold to a “hold” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Read Our Latest Research Report on Ahold

About Ahold

(Get Free Report)

Ahold Delhaize is a Netherlands-based international food retail and distribution company. Its operations include supermarkets, convenience stores, specialty stores and online grocery platforms, offering fresh food, packaged groceries, household products, health and beauty items, and related consumer goods. The company also operates pharmacy and liquor retail businesses in selected markets.

The company was formed in 2016 through the merger of Dutch retailer Koninklijke Ahold N.V. and Belgian retailer Delhaize Group.

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