Ocado Group (LON:OCDO) Releases Quarterly Earnings Results

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

Ocado Group Stock Down 0.4%

LON:OCDO opened at GBX 195.45 on Friday. The firm’s 50 day simple moving average is GBX 237.64 and its 200 day simple moving average is GBX 239.89. The company has a debt-to-equity ratio of 131.70, a current ratio of 2.00 and a quick ratio of 2.82. Ocado Group has a one year low of GBX 165.85 and a one year high of GBX 397.90. The company has a market cap of £1.62 billion, a PE ratio of 4.16 and a beta of 2.49.

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.