Ocado Group (OTCMKTS:OCDDY) Trading Up 2.6% – Time to Buy?

Ocado Group plc (OTCMKTS:OCDDYGet Free Report)’s share price was up 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 traded hands during trading, a decline of 57% from the average daily volume of 35,599 shares. The stock had previously closed at $7.36.

Analyst Ratings Changes

Separately, Sanford C. Bernstein downgraded shares of Ocado Group from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, October 15th.

Read Our Latest Stock Analysis on OCDDY

Ocado Group Stock Up 2.6 %

The company has a quick ratio of 2.13, a current ratio of 2.35 and a debt-to-equity ratio of 1.39. The firm has a fifty day moving average price of $8.43 and a 200 day moving average price of $8.99.

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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