Ocado Group plc (LON:OCDO - Get Free Report) shares dropped 16.1% during trading on Thursday . The company traded as low as GBX 268.78 ($3.42) and last traded at GBX 279.70 ($3.55). Approximately 13,341,082 shares were traded during trading, an increase of 11% from the average daily volume of 11,968,192 shares. The stock had previously closed at GBX 333.20 ($4.23).
Ocado Group Stock Performance
The stock has a fifty day simple moving average of GBX 306.72 and a two-hundred day simple moving average of GBX 333.62. 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 price-to-earnings ratio of -9.66 and a beta of 1.85.
Ocado Group (LON:OCDO - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported GBX (48.91) (($0.62)) earnings per share (EPS) for the quarter. Ocado Group had a negative return on equity of 15.18% and a negative net margin of 7.23%.
About Ocado Group
(
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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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