Ocado Group (LON:OCDO) Sets New 52-Week Low - Should You Sell?

Ocado Group plc (LON:OCDO - Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 277.61 ($3.42) and last traded at GBX 279.33 ($3.44), with a volume of 4856560 shares. The stock had previously closed at GBX 290.50 ($3.57).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "not rated" rating on shares of Ocado Group in a report on Thursday, September 19th.

Ocado Group Stock Down 4.1 %

The company has a debt-to-equity ratio of 143.47, a current ratio of 2.35 and a quick ratio of 2.82. The company has a 50-day moving average of GBX 319.60 and a two-hundred day moving average of GBX 346.78. The company has a market capitalization of £2.29 billion, a PE ratio of -1,071.33 and a beta of 1.85.

About Ocado Group

Ocado Group is a UK based technology company that provides end-to-end online grocery fulfilment solutions, known as the Ocado Smart Platform, to some of the world's largest grocery retailers and holds a 50% share of Ocado Retail Ltd in the UK in a Joint Venture with Marks & Spencer. OSP comprises access to Ocado's physical infrastructure solutions, running highly efficient warehouse operations for the single pick of products, together with the entire end-to-end proprietary software applications required to operate a world class online grocery business.