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Home / Momentum / Just Eat (JE.L) 08-01-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

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.

Latest News

 

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

 

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