Ocado Group (OTCMKTS:OCDDY) Shares Up 1.1% - Time to Buy?

Key Points

• Ocado Group's shares rose by 1.1% recently, reaching a last trade price of $6.59 after previously closing at $6.52.
• Trading volume significantly decreased, with only 869 shares traded compared to an average of 8,029 shares.
• Ocado Group operates as an online grocery retailer and has three business segments: Technology Solutions, Ocado Logistics, and Ocado Retail.

Ocado Group (OTCMKTS:OCDDY - ) shares shot up 1.1% on Monday . The company traded as high as $6.62 and last traded at $6.59. 869 shares were traded during mid-day trading, a decline of 89% from the average session volume of 8,029 shares. The stock had previously closed at $6.52.

Ocado Group Stock Up 1.1%

The stock's 50 day simple moving average is $7.55 and its two-hundred day simple moving average is $7.45.

Ocado Group Company Profile

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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