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Ocado Group (OTCMKTS:OCDDY) Sees Large Volume Increase - Here's What Happened

Ocado Group logo with Retail/Wholesale background

Key Points

  • Ocado Group's trading volume increased significantly by 388% to 43,040 shares, compared to just 8,826 shares in the previous session.
  • The stock price rose to $9.62, up 0.8% from the previous close of $9.53, with a fifty-day moving average of $7.74.
  • Ocado Group operates as an online grocery retailer, offering services through its segments: Technology Solutions, Ocado Logistics, and Ocado Retail.
  • Need better tools to track Ocado Group? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Ocado Group (OTCMKTS:OCDDY - Get Free Report) shares saw an uptick in trading volume on Tuesday . 43,040 shares changed hands during mid-day trading, an increase of 388% from the previous session's volume of 8,826 shares.The stock last traded at $9.62 and had previously closed at $9.53.

Ocado Group Price Performance

The company has a quick ratio of 1.84, a current ratio of 1.88 and a debt-to-equity ratio of 1.42. The business's fifty day moving average is $7.94 and its two-hundred day moving average is $7.48.

Ocado Group Company Profile

(Get Free Report)

Ocado Group plc, together with its subsidiaries, operates as an online grocery retailer in the United Kingdom and internationally. The company operates in three segments: Technology Solutions, Ocado Logistics, and Ocado Retail. It offers online grocery and general merchandise; and customer fulfillment centers and logistics services.

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