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 company’s stock in a transaction that occurred 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 Down 0.2 %

ROO stock opened at GBX 130 ($1.61) on Friday. 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 company has a market capitalization of £1.91 billion, a price-to-earnings ratio of -13,000.00, a PEG ratio of -0.15 and a beta of 0.40. Deliveroo plc has a fifty-two week low of GBX 96.89 ($1.20) and a fifty-two week high of GBX 149.40 ($1.85). The stock has a fifty day moving average of GBX 120.03 and a 200-day moving average of GBX 126.22.

Wall Street Analysts Forecast Growth

ROO has been the subject of a number of recent analyst reports. Shore Capital restated a “sell” rating on shares of Deliveroo in a research note on Thursday, April 18th. Jefferies Financial Group restated a “buy” rating and issued a GBX 205 ($2.53) price objective on shares of Deliveroo in a research note on Thursday, April 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 166.50 ($2.06).

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.