Deliveroo (LON:ROO) Hits New 52-Week High – Should You Buy?

Deliveroo plc (LON:ROOGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 177.10 ($2.42) and last traded at GBX 176.70 ($2.41), with a volume of 6313330 shares. The stock had previously closed at GBX 176.70 ($2.41).

Deliveroo Price Performance

The company has a 50 day moving average of GBX 175.01 and a 200-day moving average of GBX 146.82. The firm has a market capitalization of £2.62 billion, a P/E ratio of 359.33, a P/E/G ratio of -0.15 and a beta of 0.43. The company has a current ratio of 1.92, a quick ratio of 3.70 and a debt-to-equity ratio of 10.96.

Insider Transactions at Deliveroo

In related news, insider Will Shu sold 2,909,118 shares of the business’s stock in a transaction on Thursday, May 15th. The stock was sold at an average price of GBX 175 ($2.39), for a total value of £5,090,956.50 ($6,952,009.42). 23.68% of the stock is owned by company insiders.

About Deliveroo

(Get Free Report)

Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. Deliveroo works with approximately 180,000 best-loved restaurant, grocery and retail partners, as well as over 140,000 riders to provide the best delivery experience in the world. Deliveroo is headquartered in London, with offices around the globe.

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