Will Shu Sells 2,391,023 Shares of Deliveroo plc (LON:ROO) Stock

Deliveroo plc (LON:ROO) insider Will Shu sold 2,391,023 shares of the business’s stock in a transaction on Monday, April 22nd. The stock was sold at an average price of GBX 127 ($1.57), for a total value of £3,036,599.21 ($3,750,740.13).

Deliveroo Stock Performance

ROO opened at GBX 130.80 ($1.62) on Wednesday. Deliveroo plc has a 52-week low of GBX 96.89 ($1.20) and a 52-week high of GBX 149.40 ($1.85). The business’s fifty day moving average is GBX 119.63 and its 200-day moving average is GBX 126.16. The company has a debt-to-equity ratio of 11.71, a quick ratio of 3.70 and a current ratio of 2.10. The firm has a market cap of £1.92 billion, a P/E ratio of -13,000.00, a price-to-earnings-growth ratio of -0.15 and a beta of 0.40.

Analyst Ratings Changes

ROO has been the subject of several recent research reports. Shore Capital reiterated a “sell” rating on shares of Deliveroo in a research report on Thursday, April 18th. Jefferies Financial Group restated a “buy” rating and issued a GBX 205 ($2.53) target price on shares of Deliveroo in a research note on Thursday, April 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Deliveroo presently has a consensus rating of “Hold” and an average target price of GBX 166.50 ($2.06).

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.