Ocado Group (OTCMKTS:OCDDY) Shares Gap Down - Here's What Happened

Key Points

• Ocado Group's shares gapped down from $9.38 to $8.67 at market open on Monday, with a trading volume of 251 shares.
• The stock has a 50-day moving average of $7.00 and a 200-day moving average of $7.22, indicating potential trends in its performance.
• Ocado Group operates as an online grocery retailer, offering services through three segments: Technology Solutions, Ocado Logistics, and Ocado Retail.

Ocado Group (OTCMKTS:OCDDY - )'s share price gapped down before the market opened on Monday . The stock had previously closed at $9.38, but opened at $8.67. Ocado Group shares last traded at $8.67, with a volume of 251 shares traded.

Ocado Group Stock Performance

The stock has a 50-day moving average of $7.00 and a 200 day moving average of $7.22. The company has a current ratio of 1.88, a quick ratio of 1.84 and a debt-to-equity ratio of 1.42.

About Ocado Group

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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