Delivery Hero (ETR:DHER) Trading Down 5.9% - Should You Sell?

Key Points

• Delivery Hero's stock price decreased by 5.9% during trading, closing at €22.05 ($25.64), with trading volume significantly up by 410% compared to the average session.
• The company has a high debt-to-equity ratio of 447.13 and a negative PE ratio of -3.24, indicating financial challenges.
• Despite the recent decline, Delivery Hero operates in approximately 70 countries worldwide, focusing on online food ordering and delivery services.

Delivery Hero SE (ETR:DHER - Get Free Report)'s share price was down 5.9% on Friday . The company traded as low as €22.05 ($25.64) and last traded at €22.05 ($25.64). Approximately 1,445,560 shares changed hands during trading, an increase of 410% from the average daily volume of 283,556 shares. The stock had previously closed at €23.44 ($27.26).

Delivery Hero Stock Down 2.3%

The business has a 50-day simple moving average of €24.29 and a two-hundred day simple moving average of €24.70. The company has a debt-to-equity ratio of 447.13, a quick ratio of 1.90 and a current ratio of 1.09. The company has a market capitalization of $7.38 billion, a price-to-earnings ratio of -3.25, a PEG ratio of 0.52 and a beta of 1.28.

About Delivery Hero

Delivery Hero SE offers online food ordering and delivery services. It operates approximately in 70 countries in Asia, the Middle East, Africa, Europe, and Latin America. The company was founded in 2011 and is headquartered in Berlin, Germany.