Delivery Hero (OTCMKTS:DLVHF) Shares Down 3.9% – Time to Sell?

Delivery Hero SE (OTCMKTS:DLVHF)’s stock price dropped 3.9% during mid-day trading on Tuesday . The stock traded as low as $28.20 and last traded at $28.20. Approximately 1,848 shares changed hands during trading, an increase of 50% from the average daily volume of 1,231 shares. The stock had previously closed at $29.35.

Wall Street Analyst Weigh In

Several research analysts have recently commented on DLVHF shares. BNP Paribas downgraded Delivery Hero from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 14th. Citigroup upgraded shares of Delivery Hero to a “hold” rating in a research note on Tuesday, October 15th. Finally, Barclays upgraded shares of Delivery Hero to a “strong-buy” rating in a research report on Thursday, January 9th.

Delivery Hero Stock Performance

The firm has a 50-day moving average of $30.20 and a 200-day moving average of $32.51.

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.