Ocado Group (LON:OCDO) Announces Earnings Results

Ocado Group (LON:OCDOGet Free Report) posted its earnings results on Friday. The company reported GBX (21) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ocado Group had a negative return on equity of 15.18% and a negative net margin of 7.23%.

Ocado Group Stock Performance

Shares of OCDO stock opened at GBX 282 on Friday. 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 cap of £2.34 billion, a PE ratio of 6.00 and a beta of 1.85. The company’s fifty day simple moving average is GBX 224.02 and its 200-day simple moving average is GBX 259.03. Ocado Group has a 52 week low of GBX 165.85 and a 52 week high of GBX 397.90.

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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