Ocado Group (LON:OCDO) Posts Earnings Results

Ocado Group (LON:OCDO) released its earnings results on Friday. The company reported GBX (44.60) EPS for the quarter, Digital Look Earnings reports. Ocado Group had a net margin of 29.33% and a return on equity of 24.47%.

Ocado Group Stock Performance

Shares of Ocado Group stock opened at GBX 195.45 on Friday. The company has a current ratio of 2.00, a quick ratio of 2.82 and a debt-to-equity ratio of 131.70. The firm has a market capitalization of £1.62 billion, a P/E ratio of 4.16 and a beta of 2.49. The business has a fifty day simple moving average of GBX 237.64 and a two-hundred day simple moving average of GBX 239.08. Ocado Group has a 12 month low of GBX 165.85 and a 12 month high of GBX 397.90.

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.