Ocado Group plc (LON:OCDO - Get Free Report) shares dropped 14.3% during trading on Thursday . The company traded as low as GBX 268.78 ($3.39) and last traded at GBX 285.58 ($3.60). Approximately 10,538,590 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 11,899,839 shares. The stock had previously closed at GBX 333.20 ($4.20).
Ocado Group Stock Performance
The company's fifty day simple moving average is GBX 307.85 and its two-hundred day simple moving average is GBX 334.52. 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 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 posted its earnings results on Thursday, February 27th. The company reported GBX (48.91) (($0.62)) EPS for the quarter. Ocado Group had a negative net margin of 7.23% and a negative return on equity of 15.18%.
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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