Just Eat Takeaway.com (OTCMKTS:JTKWY) Stock Price Up 1.4% - Here's Why

Key Points

• The stock price of Just Eat Takeaway.com rose by 1.4%, reaching $4.58 during Friday’s trading session.
• Investment firm Cantor Fitzgerald upgraded Just Eat Takeaway.com to a "hold" rating, contributing to the overall average rating of "Hold" from analysts.
• The company's key financial ratios indicate a low debt-to-equity ratio of 0.17 and a stable current ratio of 1.11.

Just Eat Takeaway.com N.V. Sponsored ADR (OTCMKTS:JTKWY - Get Free Report) was up 1.4% during mid-day trading on Friday . The stock traded as high as $4.59 and last traded at $4.58. Approximately 6,560 shares were traded during trading, a decline of 69% from the average daily volume of 20,851 shares. The stock had previously closed at $4.52.

Wall Street Analyst Weigh In

Separately, Cantor Fitzgerald raised Just Eat Takeaway.com to a "hold" rating in a research report on Monday, May 19th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold".

Just Eat Takeaway.com Price Performance

The company has a 50 day moving average of $4.48 and a 200 day moving average of $3.99. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 0.17.

Just Eat Takeaway.com Company Profile

Just Eat Takeaway.com N.V. operates as an online food delivery company worldwide. Its marketplace connects consumers and restaurants through its platforms. The company was founded in 2000 and is headquartered in Amsterdam, the Netherlands.