Just Eat Takeaway.com (LON:JET) Trading Up 12.4%

Just Eat Takeaway.com (LON:JET) was up 12.4% on Wednesday . The company traded as high as GBX 1,060 ($13.55) and last traded at GBX 1,050.88 ($13.43). Approximately 99,645 shares were traded during trading, an increase of 237% from the average daily volume of 29,609 shares. The stock had previously closed at GBX 935 ($11.95).

Analyst Upgrades and Downgrades

Several research firms recently commented on JET. Deutsche Bank Aktiengesellschaft increased their price objective on Just Eat Takeaway.com from GBX 1,700 ($21.73) to GBX 1,780 ($22.75) and gave the company a “buy” rating in a research note on Wednesday, July 31st. Shore Capital reiterated a “buy” rating on shares of Just Eat Takeaway.com in a report on Friday, April 12th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Just Eat Takeaway.com from GBX 1,119 ($14.30) to GBX 1,336 ($17.07) and gave the company a “neutral” rating in a report on Thursday, August 1st.

Just Eat Takeaway.com Stock Performance

The company has a market capitalization of £2.16 billion, a price-to-earnings ratio of -136.22 and a beta of 1.13. The company has a quick ratio of 1.04, a current ratio of 1.50 and a debt-to-equity ratio of 39.09. The stock has a fifty day moving average price of GBX 980.54 and a two-hundred day moving average price of GBX 1,124.80.

Just Eat Takeaway.com Company Profile

Just Eat Takeaway.com N.V. operates as an online food delivery company worldwide. Its marketplace connects consumers and restaurants through its platforms. The company was founded in 2000 and is headquartered in Amsterdam, the Netherlands.