Delivery Hero (ETR:DHER) Stock Price Up 3% – Here’s Why

Delivery Hero SE (ETR:DHERGet Free Report) shot up 3% on Wednesday . The company traded as high as €22.74 ($24.99) and last traded at €22.64 ($24.88). 465,195 shares traded hands during mid-day trading, an increase of 64% from the average session volume of 283,556 shares. The stock had previously closed at €21.97 ($24.14).

Delivery Hero Price Performance

The company has a quick ratio of 1.90, a current ratio of 1.09 and a debt-to-equity ratio of 447.13. The stock’s 50-day moving average price is €26.12 and its 200-day moving average price is €31.17. The company has a market capitalization of $7.20 billion, a price-to-earnings ratio of -3.16, a price-to-earnings-growth ratio of 0.52 and a beta of 1.28.

About Delivery Hero

(Get Free Report)

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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