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Deliveroo (LON:ROO) Hits New 52-Week High - Still a Buy?

Deliveroo logo with Consumer Cyclical background

Key Points

  • Deliveroo shares reached a new 52-week high at GBX 179.43 ($2.43), with a volume of 7,691,039 shares traded recently.
  • The company's financial metrics include a market capitalization of £2.64 billion and a PE ratio of -17,920.00, indicating ongoing challenges in profitability.
  • Deliveroo reported a net margin of 2.57% and a return on equity of 10.34% in its latest quarterly earnings, with forecasts suggesting an EPS of 4.04 for the current year.
  • Five stocks to consider instead of Deliveroo.

Deliveroo plc (LON:ROO - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 179.43 ($2.43) and last traded at GBX 179.20 ($2.42), with a volume of 7691039 shares trading hands. The stock had previously closed at GBX 179.20 ($2.42).

Deliveroo Price Performance

The business's 50 day moving average is GBX 178.04 and its two-hundred day moving average is GBX 163.44. The firm has a market capitalization of £2.64 billion, a PE ratio of -17,920.00, a P/E/G 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.

Deliveroo (LON:ROO - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported GBX (0.01) EPS for the quarter. Deliveroo had a net margin of 2.57% and a return on equity of 10.34%. As a group, research analysts anticipate that Deliveroo plc will post 4.037325 EPS for the current year.

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 178,000 best-loved restaurants, grocers and retail partners, as well as around 130,000 riders to provide the best on-demand delivery experience in the world. Deliveroo is headquartered in London, with offices around the globe.

Further Reading

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