Ocado Group plc (LON:OCDO - Get Free Report) traded down 14.1% during trading on Thursday . The stock traded as low as GBX 268.78 ($3.39) and last traded at GBX 286.21 ($3.61). 12,125,338 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 11,938,540 shares. The stock had previously closed at GBX 333.20 ($4.20).
Ocado Group Price Performance
The firm has a fifty day moving average of GBX 307.85 and a 200 day moving average of GBX 334.52. 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 has a market capitalization of £2.13 billion, a P/E ratio of -9.66 and a beta of 1.85.
Ocado Group (LON:OCDO - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported GBX (48.91) (($0.62)) 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
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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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