Ocado Group (LON:OCDO) Posts Earnings Results

Ocado Group (LON:OCDO - Get Free Report) released its quarterly earnings results on Thursday. The company reported GBX (48.91) (($0.62)) EPS 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 2.3 %

Shares of OCDO traded down GBX 5.89 ($0.07) during trading hours on Monday, reaching GBX 253.90 ($3.23). 4,286,255 shares of the stock traded hands, compared to its average volume of 11,785,356. Ocado Group has a 52 week low of GBX 242.50 ($3.08) and a 52 week high of GBX 496.30 ($6.31). 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 stock has a fifty day simple moving average of GBX 306.72 and a 200 day simple moving average of GBX 333.62. The company has a market cap of £2.13 billion, a price-to-earnings ratio of -9.66 and a beta of 1.85.

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.