Deliveroo (LON:ROO) Stock Price Down 0.7% – Here’s What Happened

Deliveroo plc (LON:ROO) traded down 0.7% during mid-day trading on Thursday . The company traded as low as GBX 136.80 ($1.77) and last traded at GBX 137.80 ($1.79). 2,446,693 shares changed hands during trading, a decline of 20% from the average session volume of 3,062,568 shares. The stock had previously closed at GBX 138.80 ($1.80).

Deliveroo Price Performance

The company has a debt-to-equity ratio of 10.96, a quick ratio of 3.70 and a current ratio of 1.92. The company has a market cap of £2.14 billion, a price-to-earnings ratio of 4,593.33, a P/E/G ratio of -0.15 and a beta of 0.43. The company’s 50 day moving average price is GBX 150.77 and its 200 day moving average price is GBX 140.12.

Insider Transactions at Deliveroo

In other news, insider Will Shu sold 2,648,173 shares of the business’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of GBX 158 ($2.05), for a total transaction of £4,184,113.34 ($5,426,161.77). Company insiders own 23.68% of the company’s stock.

Deliveroo Company Profile

Deliveroo plc, a holding company, operates an online food delivery platform in the United Kingdom, Ireland, France, Italy, Belgium, Hong Kong, Singapore, the United Arab Emirates, Kuwait, and Qatar. The company connects local consumers, shops, riders and restaurants, and grocery partners. Deliveroo plc was founded in 2013 and is based in London, the United Kingdom.