Just Eat Takeaway.com (LON:JET) Trading 2.8% Higher – Here’s Why

Just Eat Takeaway.com (LON:JET)’s share price was up 2.8% on Monday . The stock traded as high as GBX 1,192 ($14.97) and last traded at GBX 1,190 ($14.95). Approximately 39,186 shares were traded during trading, an increase of 12% from the average daily volume of 34,869 shares. The stock had previously closed at GBX 1,158 ($14.54).

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Just Eat Takeaway.com from GBX 1,700 ($21.35) to GBX 1,780 ($22.36) and gave the company a “buy” rating in a report on Wednesday, July 31st. JPMorgan Chase & Co. raised their price target on shares of Just Eat Takeaway.com from GBX 1,119 ($14.05) to GBX 1,336 ($16.78) and gave the stock a “neutral” rating in a research report on Thursday, August 1st.

Just Eat Takeaway.com Stock Up 2.8 %

The business has a 50 day moving average price of GBX 1,038.53 and a 200 day moving average price of GBX 1,038.25. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 36.21. The stock has a market cap of £2.45 billion, a PE ratio of -163.46 and a beta of 1.23.

Just Eat Takeaway.com Company Profile

Just Eat Takeaway.com N.V. operates as an online food delivery company worldwide. Its marketplace connects consumers and restaurants through its platforms. The company was founded in 2000 and is headquartered in Amsterdam, the Netherlands.