Ocado Group (OTCMKTS:OCDDY) Stock Price Down 4.3% - Time to Sell?

Key Points

• Ocado Group's stock price dropped by 4.3% to $6.27, showing a significant decline from its previous close of $6.55.
• The trading volume was 39% lower than the average, with only 5,429 shares changing hands during the day.
• Ocado operates as an online grocery retailer and offers services in Technology Solutions, Ocado Logistics, and Ocado Retail.

Shares of Ocado Group (OTCMKTS:OCDDY - ) fell 4.3% during trading on Monday . The stock traded as low as $6.27 and last traded at $6.27. 5,429 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 8,958 shares. The stock had previously closed at $6.55.

Ocado Group Price Performance

The company has a 50 day moving average of $8.58 and a 200 day moving average of $7.55.

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.

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.