Insider Buying: Ocado Group (LON:OCDO) Insider Purchases 81 Shares of Stock

Ocado Group plc (LON:OCDO) insider Tim Steiner bought 81 shares of the company’s stock in a transaction on Friday, May 15th. The stock was bought at an average cost of GBX 185 per share, with a total value of £149.85.

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

• On Wednesday, April 15th, Tim Steiner bought 82 shares of Ocado Group stock. The stock was bought at an average cost of GBX 183 per share, with a total value of £150.06.
• On Monday, March 16th, Tim Steiner bought 75 shares of Ocado Group stock. The stock was bought at an average cost of GBX 200 per share, with a total value of £150.

Ocado Group Trading Up 2.8%

Shares of Ocado Group stock opened at GBX 205.20 on Tuesday. Ocado Group plc has a 12-month low of GBX 165.85 and a 12-month high of GBX 397.90. 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 stock has a market cap of £1.71 billion, a PE ratio of 4.21 and a beta of 2.32. The company has a 50-day moving average of GBX 194.64 and a two-hundred day moving average of GBX 214.02.

Ocado Group (LON:OCDO) last issued its earnings results on Friday, March 6th. The company reported GBX (44.60) earnings per share (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.