Key Points
- Insider buying: Ocado Group insider Tim Steiner bought 81 shares on May 15 at GBX 185 each, following smaller purchases in April and March. The trades suggest continued insider accumulation, though the amounts were modest.
- Stock performance: OCDO shares were up 3.0% and opened at GBX 205.77, with the company valued at about £1.71 billion. The stock remains well below its 52-week high of GBX 397.90.
- Company snapshot: Ocado Group is a UK technology company focused on online grocery fulfillment and the Ocado Smart Platform. It also holds a 50% stake in Ocado Retail Ltd through a joint venture with Marks & Spencer.
Ocado Group plc (LON:OCDO - Get Free Report) insider Tim Steiner purchased 81 shares of the firm's stock in a transaction on Friday, May 15th. The stock was bought at an average price of GBX 185 per share, for a total transaction of £149.85.
Tim Steiner also recently made the following trade(s):
- On Wednesday, April 15th, Tim Steiner purchased 82 shares of Ocado Group stock. The stock was bought at an average price of GBX 183 per share, for a total transaction of £150.06.
- On Monday, March 16th, Tim Steiner purchased 75 shares of Ocado Group stock. The stock was bought at an average price of GBX 200 per share, for a total transaction of £150.
Ocado Group Stock Up 3.0%
Shares of OCDO opened at GBX 205.77 on Wednesday. The stock has a market capitalization of £1.71 billion, a price-to-earnings ratio of 4.23 and a beta of 2.32. Ocado Group plc has a 1 year low of GBX 165.85 and a 1 year high of GBX 397.90. The business's 50 day simple moving average is GBX 194.84 and its 200-day simple moving average is GBX 213.83. The company has a debt-to-equity ratio of 131.70, a current ratio of 2.00 and a quick ratio of 2.82.
Ocado Group (LON:OCDO - Get Free Report) last issued its quarterly earnings data on Friday, March 6th. The company reported GBX (44.60) earnings per share (EPS) for the quarter. Ocado Group had a return on equity of 24.47% and a net margin of 29.33%.
About Ocado Group
(
Get Free Report)
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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