Deliveroo (LON:ROO) Receives “Sell” Rating from Shore Capital

Deliveroo (LON:ROO)‘s stock had its “sell” rating reissued by analysts at Shore Capital in a research note issued on Thursday, Digital Look reports.

Deliveroo Trading Up 5.6 %

Shares of ROO opened at GBX 128 ($1.59) on Thursday. Deliveroo has a 1-year low of GBX 96.89 ($1.21) and a 1-year high of GBX 149.40 ($1.86). The company has a market capitalization of £1.88 billion, a P/E ratio of -12,830.00, a P/E/G ratio of -0.15 and a beta of 0.40. The company has a debt-to-equity ratio of 11.71, a current ratio of 2.10 and a quick ratio of 3.70. The firm’s 50 day simple moving average is GBX 118.99 and its 200 day simple moving average is GBX 125.97.

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.