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

Deliveroo plc (LON:ROO) insider Will Shu sold 2,391,023 shares of Deliveroo 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 transaction of £3,036,599.21 ($3,750,740.13).

Deliveroo Stock Performance

Shares of ROO opened at GBX 130.30 ($1.61) on Thursday. The company has a market capitalization of £1.92 billion, a price-to-earnings ratio of -13,030.00, a price-to-earnings-growth ratio of -0.15 and a beta of 0.40. 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 company has a quick ratio of 3.70, a current ratio of 2.10 and a debt-to-equity ratio of 11.71. The stock has a 50 day moving average price of GBX 119.83 and a 200 day moving average price of GBX 126.19.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ROO shares. Shore Capital restated a “sell” rating on shares of Deliveroo in a report on Thursday, April 18th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 205 ($2.53) target price on shares of Deliveroo in a report on Thursday, April 18th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Deliveroo 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.