Ocado Group (OCDGF) to Release Earnings on Thursday

Ocado Group (OTCMKTS:OCDGF) is anticipated to issue its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of ($0.2860) per share and revenue of $868.5370 million for the quarter.

Ocado Group Stock Performance

OTCMKTS:OCDGF remained flat at $2.98 during mid-day trading on Friday. The business has a fifty day moving average price of $3.24 and a two-hundred day moving average price of $492.85. Ocado Group has a 52-week low of $2.25 and a 52-week high of $4.84.

Ocado Group Company Profile

Ocado Group (OTCMKTS:OCDGF) is a UK-based technology-driven online grocery retailer and solutions provider. The company operates Ocado.com, an e-commerce grocery business offering a full range of fresh and ambient food products directly to consumers. Alongside its retail operations, Ocado Group has developed a suite of proprietary software and automation technologies—ranging from warehouse robotics and artificial intelligence to dynamic routing and order fulfillment systems—which it licenses to international retail partners under the Ocado Smart Platform.

Founded in 2000 by three former Goldman Sachs bankers, Ocado Group initially disrupted the UK grocery market with its home-delivery model.