Ocado Group (OTCMKTS:OCDDY) Hits New 52-Week Low – Should You Sell?

Ocado Group (OTCMKTS:OCDDYGet Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $5.3758 and last traded at $5.4725, with a volume of 2036 shares changing hands. The stock had previously closed at $5.49.

Ocado Group Trading Down 4.9%

The business has a fifty day moving average price of $6.62 and a two-hundred day moving average price of $7.31.

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.

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