Zacks Investment Research Downgrades JUST EAT PLC/ADR (JSTTY) to Sell

Zacks Investment Research cut shares of JUST EAT PLC/ADR (OTCMKTS:JSTTY) from a hold rating to a sell rating in a research note issued to investors on Thursday morning.

According to Zacks, “Just Eat PLC provides an online and mobile market place for takeaway food. The company allows consumers to access menu of the takeaway restaurants through the JUST EAT platform. It operates primarily in the United Kingdom, Australia, Belgium, Brazil, Canada, Denmark, France, Ireland, Italy, Mexico, the Netherlands, New Zealand, Norway, Spain and Switzerland. Just Eat PLC is headquartered in London, the United Kingdom. “

Shares of JSTTY opened at $4.35 on Thursday. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of 39.54 and a beta of 0.79. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.14. JUST EAT PLC/ADR has a 1-year low of $3.25 and a 1-year high of $6.54.

About JUST EAT PLC/ADR

Just Eat plc, together with its subsidiaries, operates digital marketplace for takeaway food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 21.5 million customers and 82,300 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Norway, Switzerland, Italy, Mexico, and Spain.

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