Delhaize Group (DEG) Sets New 12-Month High at $28.35
Delhaize Group (NYSE:DEG)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $28.35 and last traded at $28.21, with a volume of 39,099 shares traded. The stock had previously closed at $27.88.
A number of equities analysts have commented on DEG shares. BNP Paribas downgraded shares of Delhaize Group from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 29th. Zacks Investment Research downgraded shares of Delhaize Group from a “hold” rating to a “sell” rating in a research report on Thursday, July 7th.
The company has a market cap of $11.56 billion and a price-to-earnings ratio of 23.39. The firm has a 50-day moving average price of $26.41 and a 200-day moving average price of $25.77.
Delhaize Group SA, formerly Etablissements Delhaize Freres Et Cie Le Lion (Groupe Delhaize) SA, formerly Delhaize Group SA is a Belgium-based food retailer. The Company groups its operations into three segments: the United States; Belgium and Southeastern Europe (SEE). The Company is principally engaged in the operation of supermarkets in Belgium, the United States (Northeast and Mid-Atlantic), Luxembourg, Greece, Serbia, Romania and Indonesia.
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