Just Eat Takeaway.com (OTCMKTS:JTKWY) Shares Gap Down - Here's Why

Key Points

• Just Eat Takeaway.com (OTCMKTS:JTKWY) gapped down, opening at $4.10 versus a prior close of $4.30 and trading down about 4.7% on very light volume (356 shares).
• The stock is trading below its 50-day ($4.35) and 200-day ($4.34) moving averages, indicating near-term weakness versus recent price trends.
• Just Eat Takeaway.com is a global online food-delivery marketplace (formed by the 2020 Just Eat/Takeaway.com merger) operating brands including Just Eat, Grubhub, Takeaway.com, Menulog and SkipTheDishes.

Just Eat Takeaway.com N.V. Sponsored ADR (OTCMKTS:JTKWY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $4.30, but opened at $4.10. Just Eat Takeaway.com shares last traded at $4.10, with a volume of 356 shares changing hands.

Just Eat Takeaway.com Trading Down 4.7%

The stock has a 50-day moving average price of $4.35 and a two-hundred day moving average price of $4.34.

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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