Delivery Hero (ETR:DHER) Stock Price Down 2.2% – Here’s What Happened

Delivery Hero SE (ETR:DHERGet Free Report) shares dropped 2.2% on Wednesday . The stock traded as low as €36.07 ($39.21) and last traded at €37.00 ($40.22). Approximately 852,736 shares changed hands during mid-day trading, an increase of 201% from the average daily volume of 283,556 shares. The stock had previously closed at €37.82 ($41.11).

Delivery Hero Stock Down 2.2 %

The stock has a fifty day moving average of €29.07 and a two-hundred day moving average of €27.08. The company has a quick ratio of 1.90, a current ratio of 1.09 and a debt-to-equity ratio of 449.29. The stock has a market cap of $10.24 billion, a price-to-earnings ratio of -4.44, a PEG ratio of 0.52 and a beta of 1.28.

About Delivery Hero

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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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