Ocado Group (LON:OCDO) Sets New 1-Year Low at $332.90

Ocado Group plc (LON:OCDO) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 332.90 ($4.23) and last traded at GBX 334.90 ($4.26), with a volume of 7184599 shares traded. The stock had previously closed at GBX 343.50 ($4.37).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. cut their price objective on Ocado Group from GBX 600 ($7.63) to GBX 350 ($4.45) and set a “neutral” rating for the company in a report on Monday, May 13th.

Ocado Group Stock Down 1.7 %

The company has a debt-to-equity ratio of 129.71, a current ratio of 2.49 and a quick ratio of 2.82. The company has a market cap of £2.77 billion, a PE ratio of -903.95 and a beta of 1.73. The company has a fifty day moving average price of GBX 391.44 and a 200 day moving average price of GBX 520.18.

Insider Buying and Selling

In other news, insider Richard N. (Rick) Haythornthwaite bought 27,320 shares of the company’s stock in a transaction that occurred on Monday, April 22nd. The stock was bought at an average price of GBX 366 ($4.65) per share, for a total transaction of £99,991.20 ($127,085.92). Insiders bought 27,436 shares of company stock worth $10,044,530 in the last quarter. 29.51% of the stock is owned by insiders.

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.