Ocado Group (OTCMKTS:OCDDY) Reaches New 1-Year Low – Time to Sell?

Ocado Group plc (OTCMKTS:OCDDYGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as $5.76 and last traded at $6.03, with a volume of 7423 shares traded. The stock had previously closed at $6.31.

Ocado Group Price Performance

The company has a fifty day simple moving average of $7.46 and a 200-day simple moving average of $8.29. The company has a quick ratio of 2.13, a current ratio of 2.35 and a debt-to-equity ratio of 1.39.

About Ocado Group

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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.

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