Ocado Group plc (LON:OCDO – Get Free Report) traded down 10.7% on Thursday . The stock traded as low as GBX 219 and last traded at GBX 219.31. 4,676,911 shares were traded during mid-day trading, a decline of 23% from the average session volume of 6,111,606 shares. The stock had previously closed at GBX 245.70.
Ocado Group Stock Down 2.2%
The firm has a fifty day moving average of GBX 232.93 and a 200-day moving average of GBX 259.55. The company has a quick ratio of 2.82, a current ratio of 2.35 and a debt-to-equity ratio of 144.16. The firm has a market cap of £1.81 billion, a P/E ratio of 4.64 and a beta of 1.85.
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.
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