Shares of Ocado Group plc (LON:OCDO - Get Free Report) were down 18.1% during mid-day trading on Thursday . The company traded as low as GBX 268.78 ($3.42) and last traded at GBX 273 ($3.47). Approximately 15,295,455 shares traded hands during mid-day trading, an increase of 27% from the average daily volume of 12,015,859 shares. The stock had previously closed at GBX 333.20 ($4.23).
Ocado Group Price Performance
The business's 50-day simple moving average is GBX 306.72 and its 200-day simple moving average is GBX 333.62. The stock has a market cap of £2.13 billion, a PE ratio of -9.66 and a beta of 1.85. The company has a quick ratio of 2.82, a current ratio of 2.35 and a debt-to-equity ratio of 144.16.
Ocado Group (LON:OCDO - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX (48.91) (($0.62)) earnings per share (EPS) for the quarter. Ocado Group had a negative net margin of 7.23% and a negative return on equity of 15.18%.
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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