Delivery Hero (OTCMKTS:DLVHF) Shares Down 2.8% – Here’s What Happened

by · The Cerbat Gem

Delivery Hero SE (OTCMKTS:DLVHF – Get Free Report) traded down 2.8% during mid-day trading on Thursday . The company traded as low as $21.60 and last traded at $21.60. 106 shares traded hands during trading, a decline of 98% from the average session volume of 4,950 shares. The stock had previously closed at $22.23.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DLVHF. Barclays reissued an “overweight” rating on shares of Delivery Hero in a research report on Friday, August 29th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Delivery Hero in a report on Friday, November 14th. Finally, Morgan Stanley restated an “overweight” rating on shares of Delivery Hero in a report on Friday, August 29th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Delivery Hero currently has a consensus rating of “Moderate Buy”.

View Our Latest Report on DLVHF

Delivery Hero Stock Performance

The business has a 50 day moving average price of $24.68 and a 200-day moving average price of $26.29.

About Delivery Hero

(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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