Will Shu Sells 4,010,599 Shares of Deliveroo plc (LON:ROO) Stock

Deliveroo plc (LON:ROO) insider Will Shu sold 4,010,599 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of GBX 156 ($2.06), for a total transaction of £6,256,534.44 ($8,264,906.79).

Will Shu also recently made the following trade(s):

• On Friday, September 13th, Will Shu sold 2,648,173 shares of Deliveroo stock. The shares were sold at an average price of GBX 158 ($2.09), for a total transaction of £4,184,113.34 ($5,527,230.30).

Deliveroo Stock Performance

LON ROO opened at GBX 153.60 ($2.03) on Friday. The stock has a market cap of £2.38 billion, a P/E ratio of 5,120.00, a PEG ratio of -0.15 and a beta of 0.43. The company’s 50-day simple moving average is GBX 143.65 and its 200 day simple moving average is GBX 134.03. Deliveroo plc has a twelve month low of GBX 107.40 ($1.42) and a twelve month high of GBX 166.20 ($2.20). The company has a quick ratio of 3.70, a current ratio of 1.92 and a debt-to-equity ratio of 10.96.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered their target price on shares of Deliveroo from GBX 205 ($2.71) to GBX 202 ($2.67) and set a “buy” rating on the stock in a research note on Thursday, June 27th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 165.75 ($2.19).

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.