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 stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of GBX 156 ($2.06), for a total value 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 value of £4,184,113.34 ($5,527,230.30).

Deliveroo Price Performance

LON:ROO opened at GBX 157 ($2.07) on Friday. The company has a quick ratio of 3.70, a current ratio of 1.92 and a debt-to-equity ratio of 10.96. The stock’s 50 day moving average price is GBX 143.11 and its two-hundred day moving average price is GBX 133.87. The firm has a market capitalization of £2.43 billion, a price-to-earnings ratio of 5,233.33, a P/E/G ratio of -0.15 and a beta of 0.43. Deliveroo plc has a 12-month low of GBX 107.40 ($1.42) and a 12-month high of GBX 166.20 ($2.20).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reduced their price target on Deliveroo from GBX 205 ($2.71) to GBX 202 ($2.67) and set a “buy” rating for the company in a research report on Thursday, June 27th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 165.75 ($2.19).

About Deliveroo

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.