Just Eat Takeaway.com (OTCMKTS:JTKWY) Hits New 52-Week Low - Here's Why

Key Points

• Just Eat Takeaway.com hit a new 52-week low, trading as low as $3.10; it last traded at $4.2450 on Wednesday with a volume of 366 shares and was down about 1.4%.
• The stock is trading below both its 50-day ($4.35) and 200-day ($4.33) moving averages, indicating pressure on the share price relative to recent trends.
• Just Eat Takeaway.com is a global online food-delivery marketplace formed from the 2020 merger of Just Eat and Takeaway.com and operates brands including Just Eat, Grubhub, Takeaway.com, Menulog and SkipTheDishes across multiple regions.

Just Eat Takeaway.com N.V. Sponsored ADR (OTCMKTS:JTKWY - Get Free Report)'s stock price reached a new 52-week low on Wednesday . The stock traded as low as $3.10 and last traded at $4.2450, with a volume of 366 shares changing hands. The stock had previously closed at $4.10.

Just Eat Takeaway.com Trading Down 1.4%

The stock has a 50-day moving average price of $4.35 and a 200-day moving average price of $4.33.

Just Eat Takeaway.com Company Profile

Just Eat Takeaway.com NV, trading under OTCMKTS:JTKWY, is a leading global online food delivery marketplace that connects consumers with local and international restaurants through its digital platforms. Formed in early 2020 from the merger of Just Eat and Takeaway.com, the company has established a presence across Europe, North America and other key regions. Headquartered in Amsterdam, with significant operational offices in London and Chicago, Just Eat Takeaway.com facilitates millions of daily orders through its suite of websites and mobile applications.

The company’s core offerings comprise branded marketplaces including Just Eat in the United Kingdom, Grubhub in the United States, Takeaway.com in the Netherlands and Germany, plus localized platforms such as Menulog in Australia and SkipTheDishes in Canada.

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