Just Eat Takeaway.com (LON:JET) Trading Up 2.8% – Here’s What Happened

Just Eat Takeaway.com (LON:JET)’s share price rose 2.8% on Monday . The company traded as high as GBX 1,192 ($14.97) and last traded at GBX 1,190 ($14.95). Approximately 39,186 shares were traded during mid-day trading, an increase of 12% from the average daily volume of 34,869 shares. The stock had previously closed at GBX 1,158 ($14.54).

Wall Street Analysts Forecast Growth

JET has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on Just Eat Takeaway.com from GBX 1,700 ($21.35) to GBX 1,780 ($22.36) and gave the company a “buy” rating in a report on Wednesday, July 31st. JPMorgan Chase & Co. upped their price target on shares of Just Eat Takeaway.com from GBX 1,119 ($14.05) to GBX 1,336 ($16.78) and gave the stock a “neutral” rating in a report on Thursday, August 1st.

Just Eat Takeaway.com Stock Performance

The firm has a market cap of £2.45 billion, a price-to-earnings ratio of -163.46 and a beta of 1.23. The company has a debt-to-equity ratio of 36.21, a current ratio of 1.54 and a quick ratio of 1.04. The firm has a fifty day simple moving average of GBX 1,038.53 and a two-hundred day simple moving average of GBX 1,038.25.

Just Eat Takeaway.com Company Profile

Just Eat Takeaway.com N.V. operates as an online food delivery company worldwide. Its marketplace connects consumers and restaurants through its platforms. The company was founded in 2000 and is headquartered in Amsterdam, the Netherlands.