Delivery Hero (OTCMKTS:DLVHF) Trading Down 2.8% – Should You Sell?

Delivery Hero SE (OTCMKTS:DLVHFGet Free Report)’s share price fell 2.8% on Thursday . The stock traded as low as $21.60 and last traded at $21.60. 106 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 4,950 shares. The stock had previously closed at $22.23.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Delivery Hero in a research note on Friday, November 14th. Morgan Stanley restated an “overweight” rating on shares of Delivery Hero in a report on Friday, August 29th. Finally, Barclays reaffirmed an “overweight” rating on shares of Delivery Hero in a research note on Friday, August 29th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on DLVHF

Delivery Hero Stock Performance

The stock’s fifty day moving average price is $24.51 and its two-hundred day moving average price is $26.26.

About Delivery Hero

(Get Free Report)

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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