Ocado Group (LON:OCDO) Posts Earnings Results

Ocado Group (LON:OCDO - Get Free Report) issued its earnings results on Friday. The company reported GBX (41) (($0.53)) 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 Price Performance

OCDO stock traded down GBX 9.70 ($0.13) during mid-day trading on Tuesday, reaching GBX 238.80 ($3.09). The company's stock had a trading volume of 460,325,344 shares, compared to its average volume of 24,561,279. 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 is GBX 300.45 and its two-hundred day moving average is GBX 328.71. The stock has a market cap of £2.00 billion, a PE ratio of -9.09 and a beta of 1.85. Ocado Group has a fifty-two week low of GBX 226 ($2.93) and a fifty-two week high of GBX 496.30 ($6.43).

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.