Ocado Group plc (LON:OCDO – Get Free Report)’s stock price fell 17.8% on Thursday . The company traded as low as GBX 268.78 ($3.41) and last traded at GBX 273.90 ($3.47). 13,762,683 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 11,978,475 shares. The stock had previously closed at GBX 333.20 ($4.23).
Ocado Group Stock Down 18.1 %
The stock has a market cap of £2.29 billion, a price-to-earnings ratio of -10.39 and a beta of 1.85. The business’s 50 day moving average is GBX 309.22 and its 200 day moving average is GBX 336.26. The company has a debt-to-equity ratio of 144.16, a quick ratio of 2.82 and a current ratio of 2.35.
Ocado Group (LON:OCDO – Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The company reported GBX (48.91) (($0.62)) earnings per share (EPS) for the quarter. Ocado Group had a negative return on equity of 15.18% and a negative net margin of 7.23%.
Ocado Group Company Profile
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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