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

Shares of ROO opened at GBX 130 ($1.61) on Friday. The company has a debt-to-equity ratio of 11.71, a current ratio of 2.10 and a quick ratio of 3.70. Deliveroo plc has a one year low of GBX 96.89 ($1.20) and a one year high of GBX 149.40 ($1.85). The firm has a market capitalization of £1.91 billion, a P/E ratio of -13,000.00, a PEG ratio of -0.15 and a beta of 0.40. The business has a fifty day moving average of GBX 120.03 and a 200 day moving average of GBX 126.22.

Analyst Ratings Changes

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