Should You Buy Just Eat Takeaway.com NV - ADR (GRUB) Stock on Friday?

Friday, March 11, 2022 12:41 PM | InvestorsObserver Analysts

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Should You Buy Just Eat Takeaway.com NV - ADR (GRUB) Stock on Friday?

Just Eat Takeaway.com NV - ADR (GRUB) stock has gained 17.79% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Just Eat Takeaway.com NV - ADR has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on GRUB!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With GRUB Stock Today?

Just Eat Takeaway.com NV - ADR (GRUB) stock is higher by 17.79% while the S&P 500 is down -0.4% as of 12:36 PM on Friday, Mar 11. GRUB has gained $1.08 from the previous closing price of $6.07 on volume of 5,933,319 shares. Over the past year the S&P 500 is down -0.09% while GRUB is down -61.46%. GRUB lost -$2.13 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Just Eat Takeaway.com NV - ADR click here.

More About Just Eat Takeaway.com NV - ADR

Just Eat Takeaway operates an online marketplace that connects restaurants with users in Europe and North America. The company operates mainly as an order-only marketplace, although it also offers last-mile delivery services. The company is the result of the merger of Just Eat Plc and Takeaway.com NV in early 2020. The company had close to 60 million active users on its platform generating revenue of about EUR 2 billion and a gross merchandise value of EUR 13 billion. Excluding the U.S. after its recent acquisition of Grubhub, the company's largest geographical presence by revenue is in the U.K., Germany, Canada, and the Netherlands. Click Here to get the full Stock Report for Just Eat Takeaway.com NV - ADR stock.