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Ocado Group (OTCMKTS:OCDDY) Shares Gap Up - Still a Buy?

Ocado Group logo with Retail/Wholesale background

Key Points

  • Ocado Group shares gapped up from a previous close of $9.59 to open at $9.95, with a trading volume of 2,052 shares.
  • The stock has shown a significant increase of 2.4% and has a fifty-day moving average of $7.57 and a 200-day moving average of $7.37.
  • Ocado Group operates as an online grocery retailer and has three segments: Technology Solutions, Ocado Logistics, and Ocado Retail.
  • Need better tools to track Ocado Group? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Ocado Group (OTCMKTS:OCDDY - Get Free Report)'s stock price gapped up prior to trading on Thursday . The stock had previously closed at $9.59, but opened at $9.95. Ocado Group shares last traded at $9.95, with a volume of 2,052 shares.

Ocado Group Stock Down 0.4%

The business's fifty day simple moving average is $7.69 and its 200 day simple moving average is $7.41. The company has a quick ratio of 1.84, a current ratio of 1.88 and a debt-to-equity ratio of 1.42.

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.

Further Reading

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