Ocado Group (OTCMKTS:OCDDY) Shares Gap Down - Should You Sell?

Key Points

• Ocado Group shares gapped down on Monday, opening at $10.03 after closing at $10.60 the previous day.
• The stock is currently down 5.7% and has a fifty-day moving average price of $7.39.
• Ocado Group operates as an online grocery retailer in the UK and internationally, with three main segments: Technology Solutions, Ocado Logistics, and Ocado Retail.

Ocado Group (OTCMKTS:OCDDY - ) gapped down prior to trading on Monday . The stock had previously closed at $10.60, but opened at $10.03. Ocado Group shares last traded at $10.06, with a volume of 3,195 shares.

Ocado Group Stock Down 5.7%

The stock has a fifty day moving average price of $7.39 and a two-hundred day moving average price of $7.32. 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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.