Delhaize Group (DEG) Sets New 1-Year High at $28.45
Shares of Delhaize Group (NYSE:DEG) hit a new 52-week high during trading on Friday . The stock traded as high as $28.45 and last traded at $28.17, with a volume of 117,150 shares changing hands. The stock had previously closed at $28.13.
Several analysts have recently commented on the company. Zacks Investment Research lowered Delhaize Group from a “hold” rating to a “sell” rating in a report on Thursday, July 7th. BNP Paribas lowered Delhaize Group from an “outperform” rating to a “neutral” rating in a report on Tuesday, March 29th.
The firm has a market capitalization of $11.67 billion and a PE ratio of 23.53. The company’s 50 day moving average is $26.63 and its 200 day moving average is $25.88.
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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