Ocado Group plc (OTCMKTS:OCDGF – Get Free Report) fell 7.3% during mid-day trading on Wednesday . The stock traded as low as $3.05 and last traded at $3.05. 400 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 4,847 shares. The stock had previously closed at $3.29.
Ocado Group Stock Performance
The company has a 50-day simple moving average of $1,402.73 and a 200-day simple moving average of $496.35.
Ocado Group Company Profile
Ocado Group (OTCMKTS:OCDGF) is a UK-based technology-driven online grocery retailer and solutions provider. The company operates Ocado.com, an e-commerce grocery business offering a full range of fresh and ambient food products directly to consumers. Alongside its retail operations, Ocado Group has developed a suite of proprietary software and automation technologies—ranging from warehouse robotics and artificial intelligence to dynamic routing and order fulfillment systems—which it licenses to international retail partners under the Ocado Smart Platform.
Founded in 2000 by three former Goldman Sachs bankers, Ocado Group initially disrupted the UK grocery market with its home-delivery model.
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