Deliveroo (OTCMKTS:DROOF) Trading Down 16.8% – Time to Sell?

Deliveroo plc (OTCMKTS:DROOFGet Free Report)’s share price traded down 16.8% during trading on Wednesday . The company traded as low as $1.39 and last traded at $1.39. 300 shares traded hands during trading, a decline of 72% from the average session volume of 1,056 shares. The stock had previously closed at $1.67.

Deliveroo Stock Performance

The stock has a 50 day simple moving average of $1.68 and a two-hundred day simple moving average of $1.78.

Deliveroo Company Profile

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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.

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