Deliveroo plc (LON:ROO – Get Free Report) insider Will Shu sold 2,648,173 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of GBX 158 ($2.09), for a total value of £4,184,113.34 ($5,527,230.30).
Deliveroo Price Performance
LON ROO opened at GBX 157.30 ($2.08) on Tuesday. The business’s fifty day moving average price is GBX 141.84 and its 200-day moving average price is GBX 133.38. The stock has a market capitalization of £2.45 billion, a price-to-earnings ratio of 5,243.33, a PEG ratio of -0.15 and a beta of 0.43. The company has a debt-to-equity ratio of 10.96, a current ratio of 1.92 and a quick ratio of 3.70. Deliveroo plc has a 1-year low of GBX 107.40 ($1.42) and a 1-year high of GBX 166.20 ($2.20).
Analysts Set New Price Targets
Separately, Jefferies Financial Group cut their target price on Deliveroo from GBX 205 ($2.71) to GBX 202 ($2.67) and set a “buy” rating on the stock in a research note on Thursday, June 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 165.75 ($2.19).
About Deliveroo
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.
Further Reading
- Five stocks we like better than Deliveroo
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible
- Transportation Stocks Investing
- Roblox’s Growth Beyond Kids: Stock Set for Major Moves
- What is a support level?
- 5 Oversold Stocks to Buy Right Now
Receive News & Ratings for Deliveroo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deliveroo and related companies with MarketBeat.com's FREE daily email newsletter.