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Deliveroo (LON:ROO) Trading Down 0.9% - Here's Why

Deliveroo logo with Consumer Cyclical background

Deliveroo plc (LON:ROO - Get Free Report) was down 0.9% during trading on Wednesday . The stock traded as low as GBX 138.80 ($1.75) and last traded at GBX 139.30 ($1.76). Approximately 3,026,235 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 7,441,076 shares. The stock had previously closed at GBX 140.50 ($1.78).

Deliveroo Price Performance

The company's fifty day moving average price is GBX 136.04 and its 200 day moving average price is GBX 144.08. 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 firm has a market capitalization of £2.04 billion, a price-to-earnings ratio of 280.23, a price-to-earnings-growth ratio of -0.15 and a beta of 0.43.

About Deliveroo

(Get Free Report)

Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. Deliveroo works with approximately 180,000 best-loved restaurant, grocery and retail partners, as well as over 140,000 riders to provide the best delivery experience in the world. Deliveroo is headquartered in London, with offices around the globe.

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