Exane BNP Paribas raised the price target for the Just Eat Takeaway.com N.V. (NASDAQ:GRUB) stock from “an Underperform” to “a Neutral”. The rating was released on May 11, 2021. The research report from Piper Sandler has initiated the stock to Neutral, with a price target set at $75. The stock was downgraded by Canaccord Genuity, who disclosed in a research note on June 25, 2020, from Buy to Hold and set the price objective to $70.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Just Eat Takeaway.com N.V. (NASDAQ:GRUB) dipped -1.92% to close Thursday’s market session at $18.37, lower as compared to yesterday’s close. The stock price fluctuated between $18.30 and $18.61 throughout the trading session with the volume trading being 3413654 shares, which represented a significant variation when compared to the three months average volume of 1.69 million shares. The firm’s stock price fluctuated 0.60% within the last five trades and -2.34% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -22.09% in the last 6 months and -6.66% was subtracted to its value over the previous 3 months. GRUB stock is trading at a margin of 0.38%, -1.77% and -12.31% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, GRUB deals in the Communication Services domain. The stock is trading -29.35 percent below its 52-week high and 8.83 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is null. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Just Eat Takeaway.com N.V.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $19.44 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 15.70. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 9.52 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.61, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
DeWitt Adam, the President, CFO and Treasurer at Just Eat Takeaway.com N.V. (GRUB) has sold 6,000 shares of firm on Jun 07 at a price of $59.96 against the total amount of $0.36 million. In another inside trade, DeWitt Adam, President, CFO and Treasurer of Just Eat Takeaway.com N.V. (NASDAQ:GRUB) sold 4,000 shares of the firm on May 17 for a total worth of $0.23 million at a price of $58.29. An inside trade which took place on May 04, Prin. Acct. Officer/Controller of Just Eat Takeaway.com N.V. Kucharski Brandt Walter sold 996 shares of firm against total price of $66577.0 at the cost of $66.84 per share.