Ocado Group (LON:OCDO) Insider Acquires £151.20 in Stock

Ocado Group plc (LON:OCDO) insider Tim Steiner bought 54 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were acquired at an average cost of GBX 280 per share, for a total transaction of £151.20.

Tim Steiner also recently made the following trade(s):

• On Monday, December 15th, Tim Steiner purchased 65 shares of Ocado Group stock. The stock was acquired at an average price of GBX 228 per share, with a total value of £148.20.
• On Monday, November 17th, Tim Steiner bought 68 shares of Ocado Group stock. The shares were bought at an average price of GBX 221 per share, with a total value of £150.28.

Ocado Group Trading Up 0.3%

Shares of LON:OCDO traded up GBX 0.80 during trading hours on Friday, hitting GBX 286.50. 763,777 shares of the company’s stock traded hands, compared to its average volume of 9,243,582. 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 business has a fifty day moving average price of GBX 222.32 and a 200-day moving average price of GBX 258.52. Ocado Group plc has a 1 year low of GBX 165.85 and a 1 year high of GBX 397.90. The firm has a market capitalization of £2.38 billion, a P/E ratio of 6.10 and a beta of 1.85.

Ocado Group (LON:OCDO) last announced its quarterly earnings data on Friday, January 16th. The company reported GBX (21) EPS for the quarter. Ocado Group had a negative net margin of 7.23% and a negative return on equity of 15.18%.

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.