Ocado Group (OTCMKTS:OCDDY – Get Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $4.65, but opened at $4.84. Ocado Group shares last traded at $4.84, with a volume of 100 shares changing hands.
Ocado Group Stock Performance
The business’s 50-day simple moving average is $5.31 and its 200-day simple moving average is $5.76. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.00 and a quick ratio of 1.93.
Ocado Group Company Profile
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.
Featured Stories
- Five stocks we like better than Ocado Group
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
- Data Center Delays Create Opportunity in These 3 Stocks
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.
