Stephen Daintith Buys 45 Shares of Ocado Group plc (LON:OCDO) Stock

Ocado Group plc (LON:OCDO - Get Free Report) insider Stephen Daintith purchased 45 shares of the firm's stock in a transaction on Monday, September 16th. The shares were acquired at an average price of GBX 331 ($4.33) per share, for a total transaction of £148.95 ($194.78).

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

• On Thursday, August 15th, Stephen Daintith purchased 46 shares of Ocado Group stock. The shares were acquired at an average price of GBX 328 ($4.29) per share, for a total transaction of £150.88 ($197.31).
• On Monday, July 15th, Stephen Daintith purchased 39 shares of Ocado Group stock. The shares were acquired at an average price of GBX 380 ($4.97) per share, for a total transaction of £148.20 ($193.80).

Ocado Group Price Performance

Shares of LON:OCDO traded up GBX 6.88 ($0.09) on Monday, hitting GBX 337.68 ($4.42). The stock had a trading volume of 1,353,832 shares, compared to its average volume of 6,443,573. Ocado Group plc has a twelve month low of GBX 278.17 ($3.64) and a twelve month high of GBX 827 ($10.81). The company has a debt-to-equity ratio of 143.47, a quick ratio of 2.82 and a current ratio of 2.35. The firm's 50 day moving average price is GBX 371.45 and its 200-day moving average price is GBX 379.76. The company has a market capitalization of £2.77 billion, a price-to-earnings ratio of -1,298.13 and a beta of 1.85.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Berenberg Bank downgraded shares of Ocado Group to an "underperform" rating and reduced their target price for the company from GBX 1,000 ($13.08) to GBX 260 ($3.40) in a research note on Monday, July 15th. JPMorgan Chase & Co. reduced their target price on shares of Ocado Group from GBX 450 ($5.88) to GBX 380 ($4.97) and set a "neutral" rating on the stock in a research note on Friday, June 28th.

View Our Latest Report on OCDO

About Ocado Group

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.

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