Ocado Group (OTCMKTS:OCDDY – Get Free Report) shares fell 5.8% during trading on Monday . The company traded as low as $6.19 and last traded at $6.19. Approximately 108 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 10,645 shares. The stock had previously closed at $6.57.
Ocado Group Stock Down 4.0%
The business has a fifty day simple moving average of $5.15 and a 200-day simple moving average of $5.39. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.41 and a quick ratio of 1.36.
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.
Further Reading
- Five stocks we like better than Ocado Group
- Birkenstock Beats the Skeptics—But Not on EPS
- D-Wave Has Momentum—What Does It Need to Keep It Going?
- TSMC’s Insider Buying Wave Comes With a Bigger AI Question for Investors
- Looking Beyond CrowdStrike? 3 AI Security Stocks Stand Out
Receive News & Ratings for Ocado Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ocado Group and related companies with MarketBeat.com's FREE daily email newsletter.
