OCADO GRP PLC/S (OTCMKTS:OCDDY) Downgraded to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of OCADO GRP PLC/S (OTCMKTS:OCDDY) from a hold rating to a sell rating in a research report released on Saturday, Zacks.com reports.

According to Zacks, “Ocado Group PLC is an online grocery retailer. It provides home delivery items which include food and drink, toiletries, household goods, toys and games, baby products, pet care, health and medicines and beauty and clothing. Ocado Group PLC is headquartered in Hatfield, United Kingdom. “

Separately, ValuEngine downgraded shares of OCADO GRP PLC/S from a hold rating to a sell rating in a research report on Wednesday, October 16th.

Shares of OCDDY stock opened at $34.55 on Friday. The firm has a fifty day moving average of $32.87 and a 200-day moving average of $31.94. The company has a quick ratio of 1.26, a current ratio of 1.37 and a debt-to-equity ratio of 0.64. OCADO GRP PLC/S has a 12-month low of $22.91 and a 12-month high of $39.85. The company has a market capitalization of $11.81 billion, a price-to-earnings ratio of -191.92 and a beta of 3.20.

About OCADO GRP PLC/S

Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. The company operates through two segments, Retail and Solutions. It sells general merchandise products on its Ocado.com hypermarket through three specialty destination sites, including Fetch, a pet store; Sizzle, a kitchen and dining store; and Fabled, a premium beauty store.

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