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

Ocado Group logo with Retail/Wholesale background

Key Points

  • Ocado Group shares experienced a gap down, opening at $8.38 after closing at $9.12, indicating a significant drop in value prior to trading.
  • The stock recorded a trading volume of 216 shares, with a 50-day moving average of $8.28 and a 200-day moving average of $7.53.
  • Ocado Group operates as an online grocery retailer in the UK and internationally, with three segments: Technology Solutions, Ocado Logistics, and Ocado Retail.
  • MarketBeat previews top five stocks to own in October.

Ocado Group (OTCMKTS:OCDDY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $9.12, but opened at $8.38. Ocado Group shares last traded at $8.38, with a volume of 216 shares.

Ocado Group Trading Up 2.3%

The stock's fifty day moving average price is $8.44 and its 200-day moving average price is $7.54.

Ocado Group Company Profile

(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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