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

Ocado Group plc (LON:OCDO) insider Stephen Daintith acquired 50 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The shares were purchased at an average price of GBX 296 ($3.62) per share, with a total value of £148 ($181.08).

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 acquired at an average price of GBX 333 ($4.07) per share, for a total transaction of £153.18 ($187.42).

Ocado Group Stock Performance

Ocado Group stock opened at GBX 324.30 ($3.97) on Friday. The stock has a 50-day simple moving average of GBX 314.61 and a 200 day simple moving average of GBX 345.32. The company has a quick ratio of 2.82, a current ratio of 2.35 and a debt-to-equity ratio of 143.47. Ocado Group plc has a 12-month low of GBX 270 ($3.30) and a 12-month high of GBX 606.40 ($7.42). The stock has a market capitalization of £2.66 billion, a price-to-earnings ratio of -1,247.31 and a beta of 1.85.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “not rated” rating on shares of Ocado Group in a research note 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.