Ocado Group plc (OTCMKTS:OCDGF – Get Free Report) shares traded down 5.6% during mid-day trading on Friday . The company traded as low as $2.5660 and last traded at $2.5660. 754 shares traded hands during trading, a decline of 60% from the average session volume of 1,892 shares. The stock had previously closed at $2.7184.
Ocado Group Trading Down 5.6%
The business’s fifty day simple moving average is $2.64 and its 200-day simple moving average is $2.84.
About Ocado Group
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.
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