Deliveroo (LON:ROO) Shares Up 16.5% - Time to Buy?

Shares of Deliveroo plc (LON:ROO - Get Free Report) shot up 16.5% on Monday . The stock traded as high as GBX 173 ($2.32) and last traded at GBX 170.80 ($2.29). 25,676,648 shares changed hands during mid-day trading, an increase of 183% from the average session volume of 9,071,273 shares. The stock had previously closed at GBX 146.60 ($1.97).

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 capitalization of £2.53 billion, a PE ratio of 347.33, a P/E/G ratio of -0.15 and a beta of 0.43. The stock has a 50 day moving average of GBX 129.07 and a two-hundred day moving average of GBX 136.14.

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.

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