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Ocado Group (OTCMKTS:OCDDY) Shares Down 7.6% - Time to Sell?

Ocado Group logo with Retail/Wholesale background

Key Points

  • Ocado Group's shares fell by 7.6%, closing at $8.67 after trading as low as this price during the session.
  • The trading volume was significantly lower, with only 289 shares changing hands, a 96% decline from the average volume of 7,167 shares.
  • Ocado operates in three segments: Technology Solutions, Ocado Logistics, and Ocado Retail, focusing on online grocery and logistics services.
  • Want stock alerts on Ocado Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Ocado Group (OTCMKTS:OCDDY - Get Free Report)'s stock price dropped 7.6% during trading on Monday . The stock traded as low as $8.67 and last traded at $8.67. Approximately 289 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 7,167 shares. The stock had previously closed at $9.38.

Ocado Group Stock Up 5.4%

The firm has a fifty day moving average of $7.09 and a 200 day moving average of $7.26. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.88 and a quick ratio of 1.84.

About Ocado Group

(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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