Ocado Group (LON:OCDO) Releases Quarterly Earnings Results

Ocado Group (LON:OCDO - Get Free Report) released its earnings results on Friday. The company reported GBX (41) (($0.53)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ocado Group had a negative net margin of 7.23% and a negative return on equity of 15.18%.Ocado Group Stock Down 0.9 %Shares of Ocado Group stock opened at GBX 246.20 ($3.17) on Friday. Ocado Group has a one year low of GBX 226 ($2.91) and a one year high of GBX 496.30 ($6.40). The company has a market cap of £2.07 billion, a P/E ratio of -9.37 and a beta of 1.85. The company has a debt-to-equity ratio of 144.16, a quick ratio of 2.82 and a current ratio of 2.35. The firm has a fifty day moving average of GBX 302.41 and a two-hundred day moving average of GBX 330.51. Ocado Group Company Profile (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.Featured ArticlesFive stocks we like better than Ocado GroupHealth Care Stocks Explained: Why You Might Want to InvestThese 3 Iconic Brands Just Announced Bigger Dividend Payouts3 Must-Buy Warren Buffett Stocks for Volatile TimesZscaler: Bullish Pressure Builds, Rapid Price Increase ExpectedValue Investing: Is it a Good Strategy in 2022? Hint: Always4 EV Stocks Facing Uncertainty—Which Ones Will Survive?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Ocado Group Right Now?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 Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here