Ocado Group (OTCMKTS:OCDDY – Get Free Report) fell 6.2% on Monday . The stock traded as low as $5.8135 and last traded at $5.8135. 2,300 shares changed hands during trading, a decline of 82% from the average session volume of 12,900 shares. The stock had previously closed at $6.20.
Ocado Group Stock Performance
The company has a debt-to-equity ratio of 0.93, a current ratio of 2.09 and a quick ratio of 1.97. The stock has a fifty day simple moving average of $6.34 and a two-hundred day simple moving average of $6.93.
Ocado Group Company Profile
Ocado Group plc is a leading global online grocery retailer and technology provider. Founded in 2000 by three former investment bankers, the company pioneered the use of automated warehouses to fulfill online grocery orders in the United Kingdom. Ocado operates a UK retail platform under the Ocado.com brand, offering grocery delivery services to consumers through a network of highly automated customer fulfillment centers. Its proprietary Ocado Smart Platform (OSP) integrates warehouse automation, software, and robotics to manage inventory, order dispatch, and route planning.
Beyond its UK retail operations, Ocado leverages its OSP through licensing agreements with major supermarket chains worldwide.
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