News Spotlight: Grubhub Inc. (NYSE:GRUB) – News Description

News Spotlight: Grubhub Inc. (NYSE:GRUB)

Grubhub Inc. (NYSE:GRUB) changed 3.05% to recent value of $56.07. The stock transacted 2711139 shares during most recent day however it has an average volume of 2434.16K shares. It spotted trading -54.35% off 52-week high price. On the other end, the stock has been noted 8.73% away from the low price over the last 52-weeks.

On Oct. 15, 2019, Grubhub Inc. (NYSE:GRUB) the nation’s leading online and mobile food-ordering and delivery marketplace, reported it will host a conference call to discuss its third quarter financial results on Tuesday, Oct. 29, 2019, at 8:00 a.m. CT, following the release of the Company’s financial results.Founder & CEO Matt Maloney and President & CFO Adam DeWitt will host the webcast.

About Grubhub

Grubhub (NYSE: GRUB) is the nation’s leading online and mobile food-ordering and delivery marketplace with the largest and most comprehensive network of restaurant partners, as well as the largest diner base. Dedicated to connecting diners with the food they love from their favorite local restaurants, Grubhub strives to elevate food ordering through innovative restaurant technology, easy-to-use platforms and an improved delivery experience. Grubhub is proud to work with more than 125,000 restaurant partners in over 2,400 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, LevelUp, Tapingo, AllMenus and MenuPages.

GRUB has an operating margin of 2.90% while its profit margin remained 2.20% for the last 12 months. Its earnings per share (EPS) expected to touch remained 14.80% for this year while earning per share for the next 5-years is expected to reach at 24.21%.

The company has 91.18M of outstanding shares and 91.06M shares were floated in the market. According to the most recent quarter its current ratio was 2.4 that represents company’s ability to meet its current financial obligations. The price moved ahead of -0.73% from the mean of 20 days, -6.78% from mean of 50 days SMA and performed -19.69% from mean of 200 days price. Company’s performance for the week was 7.21%, -14.93% for month and YTD performance remained -27.00%.

About the Author

Donna Pate
Donna Pate
I am Donna Pate and I give “News Description” an insight into the most recent news hitting the “Technology” sector in Wall Street. I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 4140 Shadowmar Drive Metairie, LA 70006, USA Phone: (+1) 504-779-3428 Email: [email protected]

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