Tim Steiner Acquires 65 Shares of Ocado Group (LON:OCDO) Stock

Ocado Group plc (LON:OCDO) insider Tim Steiner purchased 65 shares of the company’s stock in a transaction on Monday, December 15th. The stock was acquired at an average cost of GBX 228 per share, for a total transaction of £148.20.

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

• On Monday, November 17th, Tim Steiner purchased 68 shares of Ocado Group stock. The shares were acquired at an average price of GBX 221 per share, with a total value of £150.28.
• On Wednesday, October 15th, Tim Steiner acquired 65 shares of Ocado Group stock. The stock was acquired at an average cost of GBX 233 per share, with a total value of £151.45.

Ocado Group Trading Up 2.2%

Shares of Ocado Group stock opened at GBX 240.10 on Thursday. Ocado Group plc has a 1 year low of GBX 165.85 and a 1 year high of GBX 397.90. The company’s fifty day simple moving average is GBX 212.56 and its 200-day simple moving average is GBX 257.40. The company has a market cap of £1.99 billion, a price-to-earnings ratio of 5.11 and a beta of 1.85. The company has a current ratio of 2.35, a quick ratio of 2.82 and a debt-to-equity ratio of 144.16.

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.