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Ocado Group (LON:OCDO) Reaches New 1-Year Low - Time to Sell?

Ocado Group logo with Consumer Defensive background
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Ocado Group plc (LON:OCDO - Get Free Report)'s share price reached a new 52-week low on Wednesday . The stock traded as low as GBX 222.10 ($2.87) and last traded at GBX 226.17 ($2.93), with a volume of 6172724 shares changing hands. The stock had previously closed at GBX 240 ($3.10).

Ocado Group Stock Performance

The company's 50-day moving average price is GBX 294.23 and its two-hundred day moving average price is GBX 325.01. The company has a debt-to-equity ratio of 144.16, a quick ratio of 2.82 and a current ratio of 2.35. The stock has a market cap of £2.00 billion, a PE ratio of -9.09 and a beta of 1.85.

Ocado Group (LON:OCDO - Get Free Report) last released its earnings results on Friday, March 7th. The company reported GBX (41) (($0.53)) EPS for the quarter. Ocado Group had a negative net margin of 7.23% and a negative return on equity of 15.18%.

Insider Activity at Ocado Group

In other Ocado Group news, insider Adam Warby bought 100,000 shares of Ocado Group stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average price of GBX 225 ($2.91) per share, with a total value of £225,000 ($291,036.09). 29.45% of the stock is owned by insiders.

About Ocado Group

(Get Free Report)

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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