Delivery Hero (ETR:DHER) Stock Price Down 2.7% – Here’s What Happened

Delivery Hero SE (ETR:DHERGet Free Report) shares dropped 2.7% during trading on Thursday . The company traded as low as €36.51 and last traded at €36.94. Approximately 915,710 shares changed 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 Price Performance

The business has a 50-day simple moving average of €26.30 and a 200 day simple moving average of €22.71. The firm has a market cap of $12.24 billion, a P/E ratio of -5.38, a price-to-earnings-growth ratio of 0.52 and a beta of 1.69. The company has a debt-to-equity ratio of 282.11, a quick ratio of 1.90 and a current ratio of 0.96.

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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