Separately, Zacks Investment Research raised OCADO GRP PLC/S from a sell rating to a hold rating in a research note on Tuesday, July 30th.
OCADO GRP PLC/S stock opened at $34.08 on Wednesday. The business has a 50 day moving average of $32.86 and a 200-day moving average of $32.33. OCADO GRP PLC/S has a 1 year low of $18.77 and a 1 year high of $39.85. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.37 and a quick ratio of 1.26. The company has a market capitalization of $12.05 billion, a P/E ratio of -189.33 and a beta of 3.43.
Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. The company operates through two segments, Retail and Solutions. It sells general merchandise products on its Ocado.com hypermarket through three specialty destination sites, including Fetch, a pet store; Sizzle, a kitchen and dining store; and Fabled, a premium beauty store.
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