Ocado Group (LON:OCDO) Insider Acquires £1,839,609.96 in Stock

Ocado Group plc (LON:OCDO) insider Jorn Rausing acquired 910,698 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was bought at an average price of GBX 202 per share, with a total value of £1,839,609.96.

Ocado Group Stock Performance

Shares of Ocado Group stock opened at GBX 198.30 on Monday. The business has a 50-day simple moving average of GBX 233.99 and a 200-day simple moving average of GBX 232.89. The company has a debt-to-equity ratio of 131.70, a quick ratio of 2.82 and a current ratio of 2.00. Ocado Group plc has a one year low of GBX 165.85 and a one year high of GBX 397.90. The company has a market cap of £1.64 billion, a PE ratio of 4.22 and a beta of 2.49.

Ocado Group (LON:OCDO) last posted its quarterly earnings results on Friday, March 6th. The company reported GBX (44.60) earnings per share for the quarter. Ocado Group had a net margin of 29.33% and a return on equity of 24.47%.

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.