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Deliveroo (LON:ROO) Stock Price Up 16.5% - Here's Why

Deliveroo logo with Consumer Cyclical background

Deliveroo plc (LON:ROO - Get Free Report) shares shot up 16.5% during mid-day 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 traded 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 ($1.95).

Deliveroo Stock Up 0.2 %

The company has a debt-to-equity ratio of 10.96, a quick ratio of 3.70 and a current ratio of 1.92. The stock's fifty day simple moving average is GBX 130.97 and its two-hundred day simple moving average is GBX 136.76. The company has a market capitalization of £2.54 billion, a price-to-earnings ratio of 348.75, a P/E/G ratio of -0.15 and a beta of 0.43.

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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