Shares of Ocado Group plc (LON:OCDO – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 336.26 ($4.26) and traded as high as GBX 336.90 ($4.27). Ocado Group shares last traded at GBX 333.20 ($4.23), with a volume of 3,409,142 shares traded.
Ocado Group Price Performance
The company has a market cap of £2.34 billion, a price-to-earnings ratio of -10.60 and a beta of 1.85. The company has a current ratio of 2.35, a quick ratio of 2.82 and a debt-to-equity ratio of 144.16. The company’s 50 day moving average price is GBX 309.22 and its 200 day moving average price is GBX 336.26.
About Ocado Group
Ocado Group is a UK based technology company that provides end-to-end online grocery fulfilment solutions, known as the Ocado Smart Platform, to some of the world’s largest grocery retailers and holds a 50% share of Ocado Retail Ltd in the UK in a Joint Venture with Marks & Spencer. OSP comprises access to Ocado’s physical infrastructure solutions, running highly efficient warehouse operations for the single pick of products, together with the entire end-to-end proprietary software applications required to operate a world class online grocery business.
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