Ocado Group plc (LON:OCDO) Insider Acquires 50 Shares of Stock

Ocado Group plc (LON:OCDO - Get Free Report) insider Stephen Daintith acquired 50 shares of Ocado Group stock in a transaction on Wednesday, January 15th. The stock was purchased at an average price of GBX 296 ($3.62) per share, with a total value of £148 ($181.15).

Stephen Daintith also recently made the following trade(s):

• On Friday, November 15th, Stephen Daintith purchased 46 shares of Ocado Group stock. The shares were acquired at an average price of GBX 333 ($4.08) per share, for a total transaction of £153.18 ($187.49).

Ocado Group Price Performance

OCDO stock traded up GBX 8 ($0.10) during trading on Thursday, hitting GBX 324.30 ($3.97). 5,003,380 shares of the stock traded hands, compared to its average volume of 37,742,727. The stock has a market cap of £2.66 billion, a price-to-earnings ratio of -1,247.31 and a beta of 1.85. Ocado Group plc has a one year low of GBX 270 ($3.30) and a one year high of GBX 606.40 ($7.42). The company has a current ratio of 2.35, a quick ratio of 2.82 and a debt-to-equity ratio of 143.47. The company has a 50 day simple moving average of GBX 315.24 and a 200 day simple moving average of GBX 345.28.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "not rated" rating on shares of Ocado Group in a research note on Thursday, September 19th.

About Ocado Group

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.