Ocado Group (OTCMKTS:OCDDY – Get Free Report)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $5.22, but opened at $4.81. Ocado Group shares last traded at $4.86, with a volume of 967 shares traded.
Ocado Group Price Performance
The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.93 and a current ratio of 2.00. The company’s 50-day simple moving average is $5.07 and its 200 day simple moving average is $5.57.
About Ocado Group
Ocado Group plc is a leading global online grocery retailer and technology provider. Founded in 2000 by three former investment bankers, the company pioneered the use of automated warehouses to fulfill online grocery orders in the United Kingdom. Ocado operates a UK retail platform under the Ocado.com brand, offering grocery delivery services to consumers through a network of highly automated customer fulfillment centers. Its proprietary Ocado Smart Platform (OSP) integrates warehouse automation, software, and robotics to manage inventory, order dispatch, and route planning.
Beyond its UK retail operations, Ocado leverages its OSP through licensing agreements with major supermarket chains worldwide.
Recommended Stories
- Five stocks we like better than Ocado Group
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
- Otis Took Another Guidance Cut—But the Story Isn’t Over
Receive News & Ratings for Ocado Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ocado Group and related companies with MarketBeat.com's FREE daily email newsletter.
