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Deliveroo (LON:ROO) Trading Up 0.1% - Time to Buy?

Deliveroo logo with Consumer Cyclical background

Shares of Deliveroo plc (LON:ROO - Get Free Report) rose 0.1% during mid-day trading on Wednesday . The stock traded as high as GBX 176 ($2.36) and last traded at GBX 175.62 ($2.36). Approximately 98,791,805 shares were traded during trading, an increase of 764% from the average daily volume of 11,429,973 shares. The stock had previously closed at GBX 175.50 ($2.36).

Deliveroo Trading Up 0.1%

The business's 50-day simple moving average is GBX 164.55 and its 200-day simple moving average is GBX 144.51. The company has a market cap of £2.60 billion, a price-to-earnings ratio of 357.14, a PEG 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.

Insider Buying and Selling at Deliveroo

In other Deliveroo news, insider Will Shu sold 2,909,118 shares of the business's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of GBX 175 ($2.35), for a total transaction of £5,090,956.50 ($6,831,664.65). 23.68% of the stock is owned by company insiders.

Deliveroo Company Profile

(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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