Ocado Group (LON:OCDO) Issues Earnings Results

Ocado Group (LON:OCDO) posted its quarterly earnings data on Friday. The company reported GBX (44.60) EPS for the quarter, Digital Look Earnings reports. Ocado Group had a net margin of 29.33% and a return on equity of 24.47%.

Ocado Group Stock Performance

Shares of OCDO traded down GBX 0.85 on Friday, reaching GBX 195.45. 2,280,300 shares of the company’s stock traded hands, compared to its average volume of 14,593,916. The stock’s 50 day simple moving average is GBX 238.57 and its two-hundred day simple moving average is GBX 240.98. The stock has a market cap of £1.62 billion, a PE ratio of 4.16 and a beta of 2.85. Ocado Group has a 52-week low of GBX 165.85 and a 52-week high of GBX 397.90. The company has a current ratio of 2.00, a quick ratio of 2.82 and a debt-to-equity ratio of 131.70.

Ocado Group Company Profile

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.