Ocado Group plc (LON:OCDO - Get Free Report)'s stock price traded up 18.5% during trading on Thursday . The company traded as high as GBX 279 ($3.74) and last traded at GBX 279 ($3.74). 10,501,177 shares were traded during mid-day trading, an increase of 18% from the average session volume of 8,909,338 shares. The stock had previously closed at GBX 235.50 ($3.16).
Ocado Group Trading Up 1.4%
The firm has a market capitalization of £2.65 billion, a PE ratio of -12.00 and a beta of 1.85. The firm's fifty day moving average is GBX 252.36 and its two-hundred day moving average is GBX 275.42. The company has a debt-to-equity ratio of 144.16, a current ratio of 2.35 and a quick ratio of 2.82.
About Ocado Group
(
Get Free Report)
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.
See Also
Before you consider Ocado Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ocado Group wasn't on the list.
While Ocado Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
