Delivery Hero (OTCMKTS:DLVHF) Shares Down 11.5% – Time to Sell?

Delivery Hero SE (OTCMKTS:DLVHFGet Free Report) shares fell 11.5% during trading on Friday . The stock traded as low as $24.78 and last traded at $24.78. 150 shares traded hands during trading, a decline of 92% from the average session volume of 1,819 shares. The stock had previously closed at $28.00.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reissued an “overweight” rating on shares of Delivery Hero in a report on Wednesday, May 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Delivery Hero presently has an average rating of “Moderate Buy”.

Get Our Latest Research Report on DLVHF

Delivery Hero Trading Down 11.5%

The firm’s fifty day simple moving average is $26.13 and its 200 day simple moving average is $28.85.

Delivery Hero Company Profile

(Get Free Report)

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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