Ocado Group plc (LON:OCDO) Insider Adam Warby Acquires 100,000 Shares

Ocado Group plc (LON:OCDO) insider Adam Warby acquired 100,000 shares of Ocado Group stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average cost of GBX 225 ($2.91) per share, with a total value of £225,000 ($291,450.78).

Ocado Group Stock Down 1.3 %

OCDO stock opened at GBX 227.30 ($2.94) on Friday. The firm has a market cap of £1.91 billion, a PE ratio of -8.65 and a beta of 1.85. The company has a current ratio of 2.35, a quick ratio of 2.82 and a debt-to-equity ratio of 144.16. Ocado Group plc has a 1 year low of GBX 222.10 ($2.88) and a 1 year high of GBX 496.30 ($6.43). The company has a fifty day simple moving average of GBX 295.93 and a 200 day simple moving average of GBX 325.61.

Ocado Group (LON:OCDO) last released its earnings results on Friday, March 7th. The company reported GBX (41) (($0.53)) earnings per share for the quarter. Ocado Group had a negative return on equity of 15.18% and a negative net margin of 7.23%.

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.