Deliveroo (LON:ROO) Hits New 1-Year High at $165.90

Deliveroo plc (LON:ROO) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 165.90 ($2.17) and last traded at GBX 165.50 ($2.16), with a volume of 21291396 shares. The stock had previously closed at GBX 153.40 ($2.01).

Analyst Ratings Changes

Separately, Jefferies Financial Group decreased their price objective on shares of Deliveroo from GBX 205 ($2.68) to GBX 202 ($2.64) and set a “buy” rating for the company in a report on Thursday, June 27th. One equities research 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’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of GBX 165.75 ($2.17).

Deliveroo Stock Performance

The company has a debt-to-equity ratio of 10.96, a current ratio of 1.92 and a quick ratio of 3.70. The company has a 50 day simple moving average of GBX 140.75 and a 200-day simple moving average of GBX 132.45. The stock has a market capitalization of £2.47 billion, a P/E ratio of 5,323.33, a price-to-earnings-growth ratio of -0.15 and a beta of 0.43.

Deliveroo Company Profile

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.