Deliveroo plc (LON:ROO) Insider Will Shu Sells 4,010,599 Shares

Deliveroo plc (LON:ROO) insider Will Shu sold 4,010,599 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of GBX 156 ($2.06), for a total value of £6,256,534.44 ($8,264,906.79).

Will Shu also recently made the following trade(s):

• On Friday, September 13th, Will Shu sold 2,648,173 shares of Deliveroo stock. 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 Trading Down 1.5 %

Shares of LON:ROO traded down GBX 2.40 ($0.03) during mid-day trading on Wednesday, reaching GBX 156.80 ($2.07). 1,288,556 shares of the company’s stock were exchanged, compared to its average volume of 3,267,093. The firm has a market capitalization of £2.43 billion, a price-to-earnings ratio of 5,279.47, a PEG ratio of -0.15 and a beta of 0.43. The company has a debt-to-equity ratio of 10.96, a quick ratio of 3.70 and a current ratio of 1.92. Deliveroo plc has a twelve month low of GBX 107.40 ($1.42) and a twelve month high of GBX 166.20 ($2.20). The business’s fifty day moving average price is GBX 142.52 and its 200-day moving average price is GBX 133.70.

Analyst Ratings Changes

Separately, Jefferies Financial Group decreased their price target on Deliveroo from GBX 205 ($2.71) to GBX 202 ($2.67) and set a “buy” rating on the stock in a research report on Thursday, June 27th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 165.75 ($2.19).

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.