Deliveroo (LON:ROO) Trading 0% Higher - Time to Buy?

Key Points

• Deliveroo's share price remained stable, rising by 0% to close at GBX 178.64 ($2.41) with an increased trading volume of approximately 16.1 million shares.
• The company's market capitalization stands at £2.59 billion with a high P/E ratio of 363.27, indicating potential overvaluation.
• Deliveroo reported a net margin of 2.57% and a return on equity of 10.34% in its last earnings announcement, along with an EPS of GBX (0.01).

Shares of Deliveroo plc (LON:ROO - Get Free Report) traded up 0% during trading on Friday . The company traded as high as GBX 178.70 ($2.39) and last traded at GBX 178.64 ($2.39). 16,120,495 shares were traded during trading, an increase of 15% from the average session volume of 13,966,921 shares. The stock had previously closed at GBX 178.60 ($2.39).

Deliveroo Trading Up 0.1%

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 business's 50 day moving average is GBX 177.33 and its 200 day moving average is GBX 159.09. The stock has a market cap of £2.59 billion, a price-to-earnings ratio of 363.27, a P/E/G ratio of -0.15 and a beta of 0.43.

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

Deliveroo Company Profile

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.