Ocado Group (OTCMKTS:OCDDY) Trading 7% Higher – Should You Buy?

Ocado Group plc (OTCMKTS:OCDDYGet Free Report)’s share price was up 7% during mid-day trading on Wednesday . The company traded as high as $7.71 and last traded at $7.69. Approximately 11,368 shares were traded during trading, an increase of 2% from the average daily volume of 11,120 shares. The stock had previously closed at $7.19.

Ocado Group Stock Up 7.0 %

The firm’s 50-day simple moving average is $7.24 and its 200 day simple moving average is $8.07. The company has a quick ratio of 2.13, a current ratio of 2.35 and a debt-to-equity ratio of 1.39.

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.

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