Just Eat (JE.L) 08-01-20
Will shares in Just Eat (JE.L) continue to rally, setting new recent highs?
- Now trading at 877.6p (at time of writing), the price performance has been very strong.
- Will it come to an end, or is this trend your friend?
- Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
- Shares -0% from 12-month highs; +49% from 12 month lows.
26 Apr: Just Eat, the food delivery company, reported higher Q1 revenues. International growth drove performance, despite slower UK order growth. The firm left previous guidance unchanged.
01 Nov: Just Eat announced that it expects revenue for the year as coming in toward the top end of guidance, with profits near the low end.
31 Jul: Just Eat has increased its revenue expectations for the year, as it promised to increase investment following a decline in earnings for the first half.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires