Ocado Group plc (OTCMKTS:OCDDY - Get Free Report) rose 1.3% during mid-day trading on Thursday . The company traded as high as $8.22 and last traded at $8.10. Approximately 2,734 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 37,352 shares. The stock had previously closed at $8.00.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein lowered shares of Ocado Group from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, October 15th.
Check Out Our Latest Report on Ocado Group
Ocado Group Stock Performance
The firm's 50 day simple moving average is $9.14 and its 200-day simple moving average is $9.16. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.13 and a current ratio of 2.35.
Ocado Group Company Profile
(
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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.
Further Reading
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