Ocado Group (OTCMKTS:OCDDY) Shares Gap Down – Here’s Why

Shares of Ocado Group (OTCMKTS:OCDDYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $4.79, but opened at $4.5450. Ocado Group shares last traded at $4.5450, with a volume of 80,983 shares changing hands.

Ocado Group Stock Down 6.3%

The firm’s 50 day moving average price is $5.97 and its two-hundred day moving average price is $7.15.

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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