Just Eat Takeaway.com (OTC:JTKWY) Trading Up 7.7% – Here’s What Happened

Just Eat Takeaway.com (OTC:JTKWY)’s share price was up 7.7% during trading on Thursday . The company traded as high as $3.32 and last traded at $3.31. Approximately 57,326 shares changed hands during mid-day trading, an increase of 9% from the average daily volume of 52,757 shares. The stock had previously closed at $3.07.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Sanford C. Bernstein raised shares of Just Eat Takeaway.com to a “hold” rating in a research report on Wednesday, October 16th. Royal Bank of Canada upgraded shares of Just Eat Takeaway.com to a “hold” rating in a research report on Wednesday, October 16th. Finally, Morgan Stanley raised shares of Just Eat Takeaway.com from an “equal weight” rating to an “overweight” rating in a research note on Friday, August 9th.

Just Eat Takeaway.com Trading Up 7.7 %

The company has a 50 day simple moving average of $2.70 and a 200-day simple moving average of $2.64. The company has a quick ratio of 1.52, a current ratio of 1.54 and a debt-to-equity ratio of 0.31.

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.