Ocado Group plc (OTCMKTS:OCDGF – Get Free Report) was down 5.6% during trading on Friday . The stock traded as low as $2.5660 and last traded at $2.5660. Approximately 754 shares traded hands during trading, a decline of 60% from the average daily volume of 1,892 shares. The stock had previously closed at $2.7184.
Ocado Group Stock Performance
The firm’s 50 day simple moving average is $2.64 and its 200 day simple moving average is $2.84.
About Ocado Group
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.
Featured Stories
- Five stocks we like better than Ocado Group
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
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.
