Waitr Holdings Inc., together with its subsidiaries, operates an online ordering technology platform in the United States. Its Waitr, Bite Squad, and Delivery Dudes mobile applications provide delivery, carryout, dine-in options, connecting restaurants, drivers, and diners. As of December 31, 2021, the company had approximately 26,000 restaurants on the platforms. The company was founded in 2013 and is headquartered in Lafayette, Louisiana.
Waitr Price Performance
Shares of WTRH remained flat at $0.37 on Friday. 2,972,422 shares of the company traded hands, compared to its average volume of 10,026,860. The company has a quick ratio of 1.99, a current ratio of 1.17 and a debt-to-equity ratio of 1.07. The stock has a market cap of $71.08 million, a price-to-earnings ratio of -0.69 and a beta of 0.13. The firm has a 50-day moving average price of $0.25 and a 200 day moving average price of $0.32. Waitr has a fifty-two week low of $0.14 and a fifty-two week high of $2.28.
Insider Activity at Waitr
In related news, Director Jonathan Green sold 255,891 shares of the company's stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $0.19, for a total transaction of $48,619.29. Following the transaction, the director now owns 1,782,668 shares of the company's stock, valued at $338,706.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders have sold 1,373,683 shares of company stock valued at $239,714. Company insiders own 10.50% of the company's stock.