Delivery Hero (ETR:DHER) Shares Down 2.4% – Here’s What Happened

Delivery Hero SE (ETR:DHER)’s share price was down 2.4% during mid-day trading on Tuesday . The stock traded as low as €19.53 and last traded at €19.77. Approximately 866,492 shares traded hands during mid-day trading, an increase of 206% from the average daily volume of 283,556 shares. The stock had previously closed at €20.26.

Delivery Hero Stock Down 2.4%

The company’s 50 day moving average price is €23.25 and its two-hundred day moving average price is €22.92. 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 has a market cap of $6.43 billion, a P/E ratio of -2.82, a P/E/G ratio of 0.52 and a beta of 1.28.

Delivery Hero Company Profile

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.