Adam Warby Purchases 100,000 Shares of Ocado Group plc (LON:OCDO) Stock

Ocado Group plc (LON:OCDO) insider Adam Warby bought 100,000 shares of Ocado Group stock in a transaction on Thursday, March 13th. The shares were acquired at an average cost of GBX 225 ($2.91) per share, for a total transaction of £225,000 ($291,036.09).

Ocado Group Trading Up 5.1 %

OCDO opened at GBX 238.80 ($3.09) on Friday. Ocado Group plc has a fifty-two week low of GBX 222.10 ($2.87) and a fifty-two week high of GBX 496.30 ($6.42). The company has a debt-to-equity ratio of 144.16, a current ratio of 2.35 and a quick ratio of 2.82. The firm has a market capitalization of £2.00 billion, a price-to-earnings ratio of -9.09 and a beta of 1.85. The company’s 50 day moving average price is GBX 294.23 and its two-hundred day moving average price is GBX 325.01.

Ocado Group (LON:OCDO) last posted its earnings results on Friday, March 7th. The company reported GBX (41) (($0.53)) earnings per share for the quarter. Ocado Group had a negative return on equity of 15.18% and a negative net margin of 7.23%.

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.