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Ocado Group (OTCMKTS:OCDDY) Stock Price Up 7% - Should You Buy?

Ocado Group logo with Retail/Wholesale background

Ocado Group plc (OTCMKTS:OCDDY - Get Free Report)'s stock price shot up 7% on Wednesday . The stock traded as high as $7.71 and last traded at $7.69. 11,368 shares changed hands during trading, an increase of 2% from the average session volume of 11,120 shares. The stock had previously closed at $7.19.

Ocado Group Stock Down 6.3 %

The company has a 50 day moving average of $7.24 and a two-hundred day moving average of $8.04. The company has a quick ratio of 2.13, a current ratio of 2.35 and a debt-to-equity ratio of 1.39.

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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