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Deliveroo (LON:ROO) Shares Up 16.5% - Should You Buy?

Deliveroo logo with Consumer Cyclical background

Deliveroo plc (LON:ROO - Get Free Report)'s stock price shot up 16.5% during trading on Monday . The company traded as high as GBX 173 ($2.30) and last traded at GBX 170.80 ($2.27). 25,676,648 shares were traded 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 ($1.95).

Deliveroo Stock Performance

The company has a fifty day moving average of GBX 131.55 and a two-hundred day moving average of GBX 136.85. The stock has a market capitalization of £2.54 billion, a P/E ratio of 348.75, a price-to-earnings-growth 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.

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 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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