Ocado Group (LON:OCDO) Posts Earnings Results

Ocado Group (LON:OCDO) posted its earnings results on Friday. The company reported GBX (41) (($0.53)) earnings per share for the quarter, Digital Look Earnings reports. Ocado Group had a negative net margin of 7.23% and a negative return on equity of 15.18%.

Ocado Group Stock Down 0.1 %

Shares of LON OCDO traded down GBX 0.20 ($0.00) on Friday, hitting GBX 248.30 ($3.20). The company had a trading volume of 6,431,703 shares, compared to its average volume of 11,194,084. The company has a quick ratio of 2.82, a current ratio of 2.35 and a debt-to-equity ratio of 144.16. Ocado Group has a 12-month low of GBX 226 ($2.91) and a 12-month high of GBX 496.30 ($6.40). The firm has a market capitalization of £2.08 billion, a P/E ratio of -9.45 and a beta of 1.85. The business has a 50 day moving average of GBX 302.41 and a two-hundred day moving average of GBX 330.51.

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.