Ahold NV (OTCMKTS:ADRNY) Cut to “Hold” at Zacks Investment Research

Zacks Investment Research downgraded shares of Ahold NV (OTCMKTS:ADRNY) from a buy rating to a hold rating in a report published on Wednesday, October 25th.

According to Zacks, “Koninklijke Ahold Delhaize N.V. provides retail stores which offer food and non-food products primarily in the United States and Europe. The Company operates supermarkets, convenience stores, compact hypers, pick-up points and gasoline stations as well as specialty stores. Koninklijke Ahold Delhaize N.V., formerly known as Ahold N.V., is based in Zaandam, Netherlands. “

Ahold NV (ADRNY) traded down $0.07 during mid-day trading on Wednesday, hitting $19.87. The stock had a trading volume of 43,366 shares, compared to its average volume of 143,120. The stock has a market capitalization of $25,548.96, a PE ratio of 14.24, a P/E/G ratio of 1.14 and a beta of 0.79. The company has a quick ratio of 0.57, a current ratio of 0.90 and a debt-to-equity ratio of 0.21. Ahold NV has a 52-week low of $17.65 and a 52-week high of $22.85.

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Ahold NV Company Profile

Koninklijke Ahold Delhaize N.V., formerly Koninklijke Ahold N.V., is engaged in the operation of retail stores in Europe and the United States. The Company’s segments are Ahold USA, Delhaize America, The Netherlands, Belgium, and Central and Southeastern Europe (CSE). In addition, Other retail, consists of Ahold Delhaize’s unconsolidated joint ventures JMR – Gestao de Empresas de Retalho, SGPS, SA (JMR) and P.T.

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