Insider Selling: Deliveroo plc (LON:ROO) Insider Sells £5,090,956.50 in Stock

Deliveroo plc (LON:ROO) insider Will Shu sold 2,909,118 shares of the business’s stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of GBX 175 ($2.33), for a total transaction of £5,090,956.50 ($6,769,888.96).

Deliveroo Price Performance

Shares of LON:ROO opened at GBX 174.50 ($2.32) on Monday. The company has a 50 day moving average of GBX 140.13 and a 200 day moving average of GBX 139.13. The stock has a market cap of £2.58 billion, a P/E ratio of 354.85, a P/E/G ratio of -0.15 and a beta of 0.43. Deliveroo plc has a 12 month low of GBX 111.60 ($1.48) and a 12 month high of GBX 176.40 ($2.35). The company has a current ratio of 1.92, a quick ratio of 3.70 and a debt-to-equity ratio of 10.96.

About Deliveroo

Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. Deliveroo works with approximately 180,000 best-loved restaurant, grocery and retail partners, as well as over 140,000 riders to provide the best delivery experience in the world. Deliveroo is headquartered in London, with offices around the globe.