Ocado Group plc (LON:OCDO – Get Free Report) was down 1.5% on Thursday . The stock traded as low as GBX 226.80 and last traded at GBX 230.86. Approximately 2,214,975 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 16,662,465 shares. The stock had previously closed at GBX 234.30.
Ocado Group Trading Down 4.5%
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 firm has a market cap of £1.74 billion, a PE ratio of 4.47 and a beta of 1.85. The company’s 50 day moving average price is GBX 242.19 and its 200 day moving average price is GBX 245.53.
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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