Ocado Group (LON:OCDO) Posts Earnings Results

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

Ocado Group Stock Performance

Shares of LON:OCDO traded up GBX 1.50 during midday trading on Friday, reaching GBX 197.80. 1,448,466 shares of the company’s stock traded hands, compared to its average volume of 14,575,833. 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 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 price-to-earnings ratio of 4.21 and a beta of 2.85. The stock has a 50 day moving average of GBX 238.57 and a 200 day moving average of GBX 240.98.

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.