Insider Buying: Ocado Group plc (LON:OCDO) Insider Buys 46 Shares of Stock

Ocado Group plc (LON:OCDO) insider Stephen Daintith acquired 46 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were bought at an average cost of GBX 333 ($4.20) per share, with a total value of £153.18 ($193.04).

Stephen Daintith also recently made the following trade(s):

• On Tuesday, October 15th, Stephen Daintith bought 39 shares of Ocado Group stock. The shares were acquired at an average cost of GBX 385 ($4.85) per share, with a total value of £150.15 ($189.22).
• On Monday, September 16th, Stephen Daintith bought 45 shares of Ocado Group stock. The shares were acquired at an average cost of GBX 331 ($4.17) per share, with a total value of £148.95 ($187.71).

Ocado Group Stock Performance

OCDO opened at GBX 320.20 ($4.04) on Friday. The firm has a market cap of £2.63 billion, a P/E ratio of -1,231.54 and a beta of 1.85. Ocado Group plc has a 1-year low of GBX 278.17 ($3.51) and a 1-year high of GBX 798.80 ($10.07). The company has a 50 day simple moving average of GBX 358.14 and a two-hundred day simple moving average of GBX 359.46. The company has a debt-to-equity ratio of 143.47, a current ratio of 2.35 and a quick ratio of 2.82.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “not rated” rating on shares of Ocado Group in a research report on Thursday, September 19th.

Ocado Group Company Profile

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.