Delivery Hero (ETR:DHER) Stock Price Down 6.6% - Here's Why

Delivery Hero SE (ETR:DHER - Get Free Report) traded down 6.6% during mid-day trading on Monday . The company traded as low as €27.76 ($32.66) and last traded at €27.80 ($32.71). 1,267,320 shares changed hands during trading, an increase of 347% from the average session volume of 283,556 shares. The stock had previously closed at €29.75 ($35.00).Get Delivery Hero alerts:Delivery Hero Trading Down 6.6%The firm has a market capitalization of $9.04 billion, a P/E ratio of -3.97, a PEG ratio of 0.52 and a beta of 1.28. The business has a 50 day moving average of €25.03 and a 200-day moving average of €24.43. The company has a current ratio of 1.09, a quick ratio of 1.90 and a debt-to-equity ratio of 447.13. Delivery Hero Company Profile (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. Recommended StoriesFive stocks we like better than Delivery HeroGrowth Investing: Should You Adopt This Investing Strategy in 2022?How The Weak Dollar Is Fueling These Global Stock SurgesNatural Gas Prices Continue To Rally, These Stocks Should Benefit3 Recession-Ready Stocks That Thrive When the Economy SputtersUptrend Stocks Explained: Learn How to Trade Using Uptrends3 Automation-Focused Stocks Flying Under the RadarThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Delivery Hero Right Now?Before you consider Delivery Hero, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Delivery Hero wasn't on the list.While Delivery Hero currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here