Ocado Group (LON:OCDO) Posts Quarterly Earnings Results

Ocado Group (LON:OCDO) issued its earnings results on Friday. The company reported GBX (41) (($0.53)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ocado Group had a negative return on equity of 15.18% and a negative net margin of 7.23%.

Ocado Group Stock Up 1.2 %

Shares of Ocado Group stock opened at GBX 251.50 ($3.25) on Friday. The company has a debt-to-equity ratio of 144.16, a quick ratio of 2.82 and a current ratio of 2.35. Ocado Group has a 52-week low of GBX 226 ($2.92) and a 52-week high of GBX 496.30 ($6.41). The stock has a market capitalization of £2.11 billion, a price-to-earnings ratio of -9.57 and a beta of 1.85. The company’s 50 day moving average price is GBX 301.36 and its 200-day moving average price is GBX 329.95.

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.