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

Ocado Group logo with Retail/Wholesale background

Key Points

  • Ocado Group's shares opened at $9.20, down from a previous closing price of $9.65, shortly before market opening on Monday.
  • The company currently exhibits a current ratio of 1.88 and a debt-to-equity ratio of 1.42, indicating its financial stability despite recent stock performance.
  • Ocado Group operates as an online grocery retailer, with business segments that include Technology Solutions, Ocado Logistics, and Ocado Retail.
  • 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) gapped down before the market opened on Monday . The stock had previously closed at $9.65, but opened at $9.20. Ocado Group shares last traded at $9.20, with a volume of 5,606 shares traded.

Ocado Group Stock Performance

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

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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