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Just Eat Takeaway.com (LON:JET) Shares Down 5.8% - Here's What Happened

Just Eat Takeaway.com logo with Consumer Cyclical background

Just Eat Takeaway.com (LON:JET - Get Free Report) shares traded down 5.8% during trading on Friday . The stock traded as low as GBX 1,064 ($13.92) and last traded at GBX 1,064 ($13.92). 45,783 shares changed hands during mid-day trading, an increase of 60% from the average session volume of 28,548 shares. The stock had previously closed at GBX 1,130 ($14.79).

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft upped their target price on Just Eat Takeaway.com from GBX 1,700 ($22.25) to GBX 1,780 ($23.30) and gave the stock a "buy" rating in a research note on Wednesday, July 31st. JPMorgan Chase & Co. upped their price objective on shares of Just Eat Takeaway.com from GBX 1,119 ($14.64) to GBX 1,336 ($17.48) and gave the stock a "neutral" rating in a research report on Thursday, August 1st.

Read Our Latest Analysis on JET

Just Eat Takeaway.com Price Performance

The company has a 50-day moving average of GBX 1,080.02 and a 200 day moving average of GBX 1,085.35. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 36.21. The stock has a market capitalization of £2.19 billion, a PE ratio of -146.15 and a beta of 1.23.

Just Eat Takeaway.com Company Profile

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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