Ocado Group plc (LON:OCDO – Get Free Report) insider Stephen Daintith purchased 50 shares of the stock in a transaction on Thursday, October 15th. The shares were bought at an average price of GBX 302 per share, for a total transaction of £151.
Stephen Daintith also recently made the following trade(s):
- On Tuesday, September 15th, Stephen Daintith purchased 74 shares of Ocado Group stock. The shares were purchased at an average price of GBX 204 per share, with a total value of £150.96.
- On Monday, August 17th, Stephen Daintith acquired 61 shares of Ocado Group stock. The shares were acquired at an average cost of GBX 243 per share, with a total value of £148.23.
Ocado Group Stock Performance
Shares of LON OCDO traded down GBX 9 during mid-day trading on Friday, hitting GBX 291. The company had a trading volume of 10,087,094 shares, compared to its average volume of 19,413,656. The business’s 50-day simple moving average is GBX 241.63 and its 200-day simple moving average is GBX 209.99. The company has a debt-to-equity ratio of 110.64, a current ratio of 1.41 and a quick ratio of 2.81. The firm has a market cap of £2.43 billion, a P/E ratio of -9.60 and a beta of 2.41. Ocado Group plc has a 12 month low of GBX 140.30 and a 12 month high of GBX 316.40.
Ocado Group (LON:OCDO – Get Free Report) last announced its quarterly earnings results on Thursday, July 16th. The company reported GBX (3.90) earnings per share (EPS) for the quarter. Ocado Group had a negative net margin of 14.29% and a negative return on equity of 15.94%.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. lifted their price objective on Ocado Group from GBX 245 to GBX 290 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Two investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 300.
Check Out Our Latest Report on Ocado Group
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.
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