Ahold NV (OTCMKTS:ADRNY) Short Interest Update

Ahold NV (OTCMKTS:ADRNY) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 51,070 shares, an increase of 896.5% from the February 12th total of 5,125 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 377,809 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 377,809 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Ahold Price Performance

Shares of OTCMKTS:ADRNY opened at €47.40 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.42 and a current ratio of 0.71. The stock has a 50-day simple moving average of €43.04 and a 200-day simple moving average of €41.64. The stock has a market capitalization of $42.30 billion, a P/E ratio of 16.75, a PEG ratio of 2.67 and a beta of 0.47. Ahold has a 1 year low of €32.25 and a 1 year high of €49.82.

Ahold (OTCMKTS:ADRNY) last announced its earnings results on Wednesday, February 11th. The company reported €0.85 earnings per share for the quarter, beating the consensus estimate of €0.78 by €0.07. The firm had revenue of €27.35 billion during the quarter, compared to the consensus estimate of €27.51 billion. Ahold had a return on equity of 16.91% and a net margin of 2.45%. Equities analysts forecast that Ahold will post 2.84 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Ahold from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 16th. Four research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Strong 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.