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

Key Points

• Deliveroo plc shares reached a new 52-week high, trading at GBX 179 ($2.42) with a significant volume of over 6.8 million shares during the trading session.
• The company reported a net margin of 2.57% and a return on equity of 10.34% in its latest quarterly earnings, though it recorded an EPS of GBX (0.01).
• Deliveroo is a popular delivery service, partnering with approximately 178,000 restaurants and retail partners and employing around 130,000 riders globally since its founding in 2013.

Deliveroo plc (LON:ROO - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 179.30 ($2.43) and last traded at GBX 179 ($2.43), with a volume of 6843561 shares changing hands. The stock had previously closed at GBX 179 ($2.43).

Deliveroo Stock Performance

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 stock has a market cap of £2.64 billion, a price-to-earnings ratio of -17,930.80, a PEG ratio of -0.15 and a beta of 0.43. The firm has a fifty day moving average of GBX 177.76 and a 200 day moving average of GBX 161.40.

Deliveroo (LON:ROO - Get Free Report) last posted 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, sell-side analysts forecast that Deliveroo plc will post 4.037325 EPS for the current year.

About Deliveroo

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.