Will Shu Sells 2,648,173 Shares of Deliveroo plc (LON:ROO) Stock

Deliveroo plc (LON:ROO) insider Will Shu sold 2,648,173 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of GBX 158 ($2.09), for a total transaction of £4,184,113.34 ($5,527,230.30).

Deliveroo Stock Performance

Shares of LON:ROO opened at GBX 159.20 ($2.10) on Wednesday. The company’s 50 day moving average price is GBX 142.52 and its two-hundred day moving average price is GBX 133.70. Deliveroo plc has a 12-month low of GBX 107.40 ($1.42) and a 12-month high of GBX 166.20 ($2.20). The firm has a market cap of £2.48 billion, a PE ratio of 5,306.67, a PEG ratio of -0.15 and a beta of 0.43. The company has a quick ratio of 3.70, a current ratio of 1.92 and a debt-to-equity ratio of 10.96.

Analyst Ratings Changes

Separately, Jefferies Financial Group lowered their price target on shares of Deliveroo from GBX 205 ($2.71) to GBX 202 ($2.67) and set a “buy” rating on the stock in a report on Thursday, June 27th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, Deliveroo currently has an average rating of “Hold” and an average target price of GBX 165.75 ($2.19).

About Deliveroo

Deliveroo plc, a holding company, operates an online food delivery platform in the United Kingdom, Ireland, France, Italy, Belgium, Hong Kong, Singapore, the United Arab Emirates, Kuwait, and Qatar. The company connects local consumers, shops, riders and restaurants, and grocery partners. Deliveroo plc was founded in 2013 and is based in London, the United Kingdom.