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Ocado Group (OTCMKTS:OCDDY) Trading Up 2.6% - Here's What Happened

Ocado Group logo with Retail/Wholesale background

Ocado Group plc (OTCMKTS:OCDDY - Get Free Report)'s share price rose 2.6% during mid-day trading on Friday . The company traded as high as $7.74 and last traded at $7.55. Approximately 15,480 shares were traded during trading, a decline of 57% from the average daily volume of 35,599 shares. The stock had previously closed at $7.36.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein cut shares of Ocado Group from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday, October 15th.

View Our Latest Analysis on Ocado Group

Ocado Group Trading Up 2.6 %

The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.13 and a current ratio of 2.35. The company has a 50 day simple moving average of $8.49 and a two-hundred day simple moving average of $9.01.

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.

Further Reading

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