Deliveroo (LON:ROO) Posts Quarterly Earnings Results

Key Points

• Deliveroo reported a quarterly earnings per share (EPS) of GBX 0.01 ($0.00), with a net margin of 2.57% and a return on equity of 10.34%.
• The company's stock opened at GBX 177.20 ($2.38) and has a market capitalization of £2.62 billion, alongside a P/E ratio of 360.34.
• Insider Will Shu sold nearly 2.9 million shares at an average price of GBX 175, totaling approximately £5.09 million ($6.85 million).

Deliveroo (LON:ROO - Get Free Report) released its earnings results on Thursday. The company reported GBX (0.01) ($0.00) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Deliveroo had a return on equity of 10.34% and a net margin of 2.57%.

Deliveroo Price Performance

LON:ROO remained flat at GBX 177.70 ($2.39) during trading hours on Tuesday. The company had a trading volume of 4,538,723 shares, compared to its average volume of 13,728,955. The firm has a market capitalization of £2.63 billion, a P/E ratio of 361.36, a P/E/G ratio of -0.15 and a beta of 0.43. Deliveroo has a 1-year low of GBX 111.60 ($1.50) and a 1-year high of GBX 179.10 ($2.41). 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 of GBX 176.53 and a 200 day moving average of GBX 154.48.

Insider Transactions at Deliveroo

In other Deliveroo news, insider Will Shu sold 2,909,118 shares of the company's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of GBX 175 ($2.35), for a total transaction of £5,090,956.50 ($6,838,087.98). 23.68% of the stock is owned by corporate insiders.

About Deliveroo

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.