Delivery Hero (ETR:DHER) Trading Down 2.7% – Here’s Why

Delivery Hero SE (ETR:DHERGet Free Report) dropped 2.7% during trading on Thursday . The stock traded as low as €36.51 and last traded at €36.94. Approximately 915,710 shares traded hands during trading, an increase of 223% from the average daily volume of 283,556 shares. The stock had previously closed at €37.98.

Delivery Hero Stock Down 2.7%

The firm has a 50 day moving average of €25.85 and a 200 day moving average of €22.60. The firm has a market cap of $12.01 billion, a price-to-earnings ratio of -5.28, a PEG ratio of 0.52 and a beta of 1.69. The company has a quick ratio of 1.90, a current ratio of 0.96 and a debt-to-equity ratio of 282.11.

About Delivery Hero

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Delivery Hero SE offers online food ordering and delivery services. It operates approximately in 70 countries in Asia, the Middle East, Africa, Europe, and Latin America. The company was founded in 2011 and is headquartered in Berlin, Germany.

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