Ocado Group (LON:OCDO) Issues Earnings Results

Ocado Group (LON:OCDO) issued its quarterly earnings data on Thursday. The company reported GBX (48.91) (($0.62)) earnings per share 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 Price Performance

Shares of LON OCDO opened at GBX 259.79 ($3.27) on Friday. 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 has a twelve month low of GBX 253.85 ($3.19) and a twelve month high of GBX 541.35 ($6.81). The stock has a 50 day moving average of GBX 307.85 and a two-hundred day moving average of GBX 334.88. The stock has a market cap of £2.18 billion, a P/E ratio of -9.89 and a beta of 1.85.

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.