Ocado Group Shares Are Struggling

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Ocado Group Shares Are Struggling

Wizz Air Ocado Group Shares Are Struggling

The famous FTSE 100 is sitting at record highs, but there are still some stocks which are struggling. These UK stocks are Wizz Air (WIZZ) and Ocado Group (OCDO).

These UK stocks are not just struggling based on their share price alone. There's a lot of fundamental data which also points to why these 2 UK companies are going through a hard time.

Wizz Air

The first name is Wizz Air (WIZZ), which lost 52% of its stock value in the last year. Recently, the Wizz Air share price has hit a 52-week low, which shows that there's a lot of uncertainty over the company.

However, the stock performance is merely a reflection of how Wizz Air is doing on the ground. They had to issue around 2 profit warnings in a span of 6 months.

On each occasion, they warned of uncertainty and more losses. This naturally led to a decline in the share price of Wizz Air. The latest data shows that the operating profit of Wizz Air is down by 61.7% on a y/y basis.

Ocado Group

Another stock which is going through a lot is Ocado Group (OCDO), as it lost 26% of its value last year. It is now trading near the 236p, which is already near the 52-week lows.

The Ocado Group is mainly involved in licensing its CFC solutions to other firms. However, it seems that Ocado Group is struggling with progress, and the rollouts are also lacking and not in line with the forecasts.

Another reason why Ocado Group is struggling is that they are not profitable. They reported a big loss last year, which was similar to the year before that.

But the Ocado Group is already a big enough firm that it should at least be profitable. Even looking ahead, it's difficult to fathom how the Ocado Group will manage to turn the situation around.

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