Deliveroo (LON:ROO) Sets New 12-Month High - Here's Why

Shares of Deliveroo plc (LON:ROO - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 177.10 ($2.41) and last traded at GBX 176.70 ($2.40), with a volume of 6313330 shares changing hands. The stock had previously closed at GBX 176.70 ($2.40).

Deliveroo Trading Down 0.0%

The company has a market capitalization of £2.62 billion, a P/E ratio of 359.61, a price-to-earnings-growth 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. The firm has a fifty day moving average price of GBX 175.36 and a 200-day moving average price of GBX 147.48.

Insiders Place Their Bets

In other news, insider Will Shu sold 2,909,118 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of GBX 175 ($2.38), for a total value of £5,090,956.50 ($6,918,940.61). Company insiders own 23.68% of the company's stock.

Deliveroo Company Profile

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.