Ocado Group (OTCMKTS:OCDDY - Get Free Report) shares were down 5.7% on Monday . The stock traded as low as $4.83 and last traded at $4.85. Approximately 822 shares traded hands during trading, a decline of 92% from the average daily volume of 9,993 shares. The stock had previously closed at $5.1420.
Ocado Group Stock Performance
The firm has a 50-day simple moving average of $5.55 and a two-hundred day simple moving average of $5.91. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.93 and a current ratio of 2.00.
About Ocado Group
(
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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
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