Ocado Group (LON:OCDO) Insider Tim Steiner Buys 81 Shares

Ocado Group plc (LON:OCDO) insider Tim Steiner purchased 81 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of GBX 185 per share, with a total value of £149.85.

Tim Steiner also recently made the following trade(s):

• On Wednesday, April 15th, Tim Steiner purchased 82 shares of Ocado Group stock. The shares were purchased at an average cost of GBX 183 per share, with a total value of £150.06.
• On Monday, March 16th, Tim Steiner purchased 75 shares of Ocado Group stock. The shares were purchased at an average cost of GBX 200 per share, with a total value of £150.

Ocado Group Trading Up 2.8%

LON OCDO opened at GBX 205.20 on Tuesday. The stock has a market capitalization of £1.71 billion, a P/E ratio of 4.21 and a beta of 2.32. Ocado Group plc has a 52-week low of GBX 165.85 and a 52-week high of GBX 397.90. The firm has a 50-day moving average price of GBX 194.64 and a 200 day moving average price of GBX 214.02. The company has a quick ratio of 2.82, a current ratio of 2.00 and a debt-to-equity ratio of 131.70.

Ocado Group (LON:OCDO) last posted its quarterly earnings results on Friday, March 6th. The company reported GBX (44.60) earnings per share (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.