Ocado Group plc (LON:OCDO - Get Free Report) insider Tim Steiner acquired 41 shares of the company's stock in a transaction on Wednesday, May 15th. The stock was acquired at an average cost of GBX 370 ($4.65) per share, with a total value of £151.70 ($190.53).
Ocado Group Stock Down 0.9 %
OCDO stock traded down GBX 3.10 ($0.04) on Thursday, hitting GBX 360 ($4.52). 2,578,324 shares of the company's stock were exchanged, compared to its average volume of 2,920,853. The firm has a 50 day moving average price of GBX 401.28 and a two-hundred day moving average price of GBX 524.96. The company has a debt-to-equity ratio of 129.71, a quick ratio of 2.82 and a current ratio of 2.49. Ocado Group plc has a 12-month low of GBX 334.30 ($4.20) and a 12-month high of GBX 1,017 ($12.77). The stock has a market cap of £2.95 billion, a P/E ratio of -947.37 and a beta of 1.73.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. dropped their target price on Ocado Group from GBX 600 ($7.54) to GBX 350 ($4.40) and set a "neutral" rating for the company in a research report on Monday.
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About Ocado Group
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Ocado Group plc, together with its subsidiaries, operates as an online grocery retailer in the United Kingdom and internationally. The company operates in three segments: Technology Solutions, Ocado Logistics, and Ocado Retail. It offers online grocery and general merchandise; and customer fulfillment centers and logistics services.
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