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Deliveroo (LON:ROO) Stock Price Down 0.7% - Here's What Happened

Deliveroo logo with Consumer Cyclical background

Deliveroo plc (LON:ROO - Get Free Report)'s stock price fell 0.7% during trading on Thursday . The company traded as low as GBX 136.80 ($1.77) and last traded at GBX 137.80 ($1.79). 2,446,693 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 3,062,568 shares. The stock had previously closed at GBX 138.80 ($1.80).

Deliveroo Trading Up 1.2 %

The company has a quick ratio of 3.70, a current ratio of 1.92 and a debt-to-equity ratio of 10.96. The company has a market cap of £2.16 billion, a PE ratio of 4,633.33, a P/E/G ratio of -0.15 and a beta of 0.43. The stock's 50 day moving average is GBX 150.77 and its 200-day moving average is GBX 140.12.

Insiders Place Their Bets

In other news, insider Will Shu sold 4,010,599 shares of the company's stock in a transaction on Monday, September 16th. The stock was sold at an average price of GBX 156 ($2.02), for a total transaction of £6,256,534.44 ($8,113,778.29). 23.68% of the stock is owned by corporate insiders.

Deliveroo Company Profile

(Get Free Report)

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

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