Ocado Group (OTCMKTS:OCDDY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $8.75, but opened at $9.2275. Ocado Group shares last traded at $9.2275, with a volume of 127 shares traded.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank upgraded Ocado Group to a “strong-buy” rating in a report on Thursday, September 17th. One analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat, Ocado Group currently has an average rating of “Strong Buy”.
View Our Latest Analysis on OCDDY
Ocado Group Stock Down 0.7%
The company has a current ratio of 1.41, a quick ratio of 1.36 and a debt-to-equity ratio of 0.87. The company’s 50-day moving average price is $7.34 and its 200-day moving average price is $5.95.
About Ocado Group
Ocado Group is a British technology company focused on online grocery retail and automated solutions for grocery businesses. Its Ocado Smart Platform combines software, robotics, and automated fulfillment systems to help retailers manage online orders and deliveries. The company also has a 50% stake in Ocado Retail, a UK online grocery business operated as a joint venture with Marks & Spencer. Ocado Retail sells groceries and other products through Ocado.com, including Marks & Spencer food products.
See Also
- Five stocks we like better than Ocado Group
- The Post-Midterm Rally Clock Is Ticking—and These 3 AI Stocks Stand Out
- Hims & Hers Bounced Back 9%, But Its Earnings Reveal a Costly Trade-Off
- Palantir’s Real Washington Risk Isn’t the Budget—It’s Oversight
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
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.
