Ocado Group (LON:OCDO) Insider Jorn Rausing Purchases 910,698 Shares

Ocado Group plc (LON:OCDO) insider Jorn Rausing acquired 910,698 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were acquired at an average price of GBX 202 per share, for a total transaction of £1,839,609.96.

Ocado Group Price Performance

Shares of OCDO opened at GBX 198.30 on Friday. The stock has a 50 day simple moving average of GBX 233.99 and a 200 day simple moving average of GBX 234.43. Ocado Group plc has a 52-week low of GBX 165.85 and a 52-week high of GBX 397.90. The company has a debt-to-equity ratio of 131.70, a quick ratio of 2.82 and a current ratio of 2.00. The firm has a market capitalization of £1.64 billion, a PE ratio of 4.22 and a beta of 2.49.

Ocado Group (LON:OCDO) last announced its earnings results on Friday, March 6th. The company reported GBX (44.60) EPS for the quarter. Ocado Group had a return on equity of 24.47% and a net margin of 29.33%.

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.