Insider Buying: Ocado Group (LON:OCDO) Insider Buys 75 Shares of Stock

Ocado Group plc (LON:OCDO) insider Tim Steiner acquired 75 shares of the business’s stock in a transaction on Monday, March 16th. The shares were purchased at an average price of GBX 200 per share, with a total value of £150.

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

• On Monday, February 16th, Tim Steiner bought 66 shares of Ocado Group stock. The stock was purchased at an average price of GBX 228 per share, for a total transaction of £150.48.
• On Thursday, January 15th, Tim Steiner purchased 54 shares of Ocado Group stock. The stock was purchased at an average cost of GBX 280 per share, for a total transaction of £151.20.

Ocado Group Price Performance

Shares of LON:OCDO traded up GBX 7 during trading on Tuesday, reaching GBX 211.20. The stock had a trading volume of 1,755,318 shares, compared to its average volume of 14,550,238. The company has a debt-to-equity ratio of 131.70, a quick ratio of 2.82 and a current ratio of 2.00. Ocado Group plc has a 1-year low of GBX 165.85 and a 1-year high of GBX 397.90. The stock has a market cap of £1.75 billion, a PE ratio of 4.49 and a beta of 2.49. The business has a fifty day moving average price of GBX 233.39 and a 200-day moving average price of GBX 231.94.

Ocado Group (LON:OCDO) last posted its quarterly earnings data on Friday, March 6th. The company reported GBX (44.60) EPS for the quarter. Ocado Group had a net margin of 29.33% and a return on equity of 24.47%.

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.