Delivery Hero (ETR:DHER) Stock Price Down 6.6% - Here's Why

Key Points

• Delivery Hero SE experienced a significant decline in stock price, dropping 6.6% to €27.80 ($32.71) during mid-day trading.
• The company's trading volume surged to 1,267,320 shares, marking a 347% increase over the average session volume.
• Delivery Hero operates in approximately 70 countries and was founded in 2011, with its headquarters located in Berlin, Germany.

Delivery Hero SE (ETR:DHER - ) traded down 6.6% during mid-day trading on Monday . The company traded as low as €27.76 ($32.66) and last traded at €27.80 ($32.71). 1,267,320 shares changed hands during trading, an increase of 347% from the average session volume of 283,556 shares. The stock had previously closed at €29.75 ($35.00).

Delivery Hero Trading Down 6.6%

The firm has a market capitalization of $9.04 billion, a P/E ratio of -3.97, a PEG ratio of 0.52 and a beta of 1.28. The business has a 50 day moving average of €25.03 and a 200-day moving average of €24.43. The company has a current ratio of 1.09, a quick ratio of 1.90 and a debt-to-equity ratio of 447.13.

Delivery Hero Company Profile

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.

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