Ocado Group plc (LON:OCDO) Insider Stephen Daintith Acquires 50 Shares of Stock

Ocado Group plc (LON:OCDO) insider Stephen Daintith acquired 50 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were acquired at an average price of GBX 296 ($3.62) per share, for a total transaction of £148 ($181.15).

Stephen Daintith also recently made the following trade(s):

• On Friday, November 15th, Stephen Daintith purchased 46 shares of Ocado Group stock. The shares were bought at an average cost of GBX 333 ($4.08) per share, for a total transaction of £153.18 ($187.49).

Ocado Group Price Performance

Shares of LON:OCDO opened at GBX 314.03 ($3.84) on Thursday. The company has a quick ratio of 2.82, a current ratio of 2.35 and a debt-to-equity ratio of 143.47. The firm has a 50-day simple moving average of GBX 315.24 and a 200 day simple moving average of GBX 345.28. Ocado Group plc has a fifty-two week low of GBX 270 ($3.30) and a fifty-two week high of GBX 606.40 ($7.42). The company has a market cap of £2.58 billion, a PE ratio of -1,207.80 and a beta of 1.85.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “not rated” rating on shares of Ocado Group in a report on Thursday, September 19th.

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.