Delivery Hero (OTCMKTS:DLVHF) Trading Down 2.8% – Here’s Why

Delivery Hero SE (OTCMKTS:DLVHFGet Free Report) was down 2.8% during trading on Thursday . The stock traded as low as $21.60 and last traded at $21.60. Approximately 106 shares traded hands during trading, a decline of 98% from the average daily volume of 4,950 shares. The stock had previously closed at $22.23.

Wall Street Analysts Forecast Growth

DLVHF has been the topic of several analyst reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of Delivery Hero in a research report on Friday, November 14th. Morgan Stanley reissued an “overweight” rating on shares of Delivery Hero in a report on Friday, August 29th. Finally, Barclays reaffirmed an “overweight” rating on shares of Delivery Hero in a research note on Friday, August 29th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Get Our Latest Research Report on DLVHF

Delivery Hero Trading Down 2.8%

The firm’s fifty day simple moving average is $24.68 and its 200 day simple moving average is $26.29.

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.

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