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Ocado Group (LON:OCDO) Trading Up 1.2% - Time to Buy?

Ocado Group logo with Consumer Defensive background

Shares of Ocado Group plc (LON:OCDO - Get Free Report) were up 1.2% during trading on Friday . The stock traded as high as GBX 322.30 ($4.11) and last traded at GBX 317.50 ($4.05). Approximately 1,312,523 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 5,423,965 shares. The stock had previously closed at GBX 313.80 ($4.00).

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on OCDO

Ocado Group Stock Up 1.2 %

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 fifty day moving average price of GBX 350.76 and a 200 day moving average price of GBX 355.93. The company has a market cap of £2.61 billion, a PE ratio of -1,221.15 and a beta of 1.85.

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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