Ocado Group (LON:OCDO) Issues Quarterly Earnings Results

Ocado Group (LON:OCDO) announced its quarterly earnings data on Thursday. The company reported GBX (48.91) (($0.62)) EPS for the quarter, Digital Look Earnings reports. Ocado Group had a negative net margin of 7.23% and a negative return on equity of 15.18%.

Ocado Group Stock Down 4.4 %

Ocado Group stock opened at GBX 261.10 ($3.29) on Friday. The company’s 50-day moving average price is GBX 308.76 and its two-hundred day moving average price is GBX 335.41. 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 stock has a market cap of £2.19 billion, a P/E ratio of -9.94 and a beta of 1.85. Ocado Group has a twelve month low of GBX 253.85 ($3.20) and a twelve month high of GBX 541.35 ($6.82).

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.