Ocado Group (LON:OCDO) Posts Earnings Results

Ocado Group (LON:OCDO) posted its quarterly 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 Down 1.3%

OCDO stock opened at GBX 282 on Friday. The company has a 50 day moving average of GBX 224.02 and a two-hundred day moving average of GBX 258.90. The company has a market cap of £2.34 billion, a price-to-earnings ratio of 6.00 and a beta of 1.85. Ocado Group has a 12-month low of GBX 165.85 and a 12-month high of GBX 397.90. The company has a quick ratio of 2.82, a current ratio of 2.35 and a debt-to-equity ratio of 144.16.

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.