Ocado Group (OTCMKTS:OCDDY) Sets New 12-Month Low – Should You Sell?

Ocado Group plc (OTCMKTS:OCDDYGet Free Report)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as $6.68 and last traded at $6.74, with a volume of 15398 shares changing hands. The stock had previously closed at $7.13.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein cut Ocado Group from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, October 15th.

View Our Latest Stock Report on OCDDY

Ocado Group Stock Performance

The company has a current ratio of 2.35, a quick ratio of 2.13 and a debt-to-equity ratio of 1.39. The firm has a 50-day moving average of $7.93 and a 200 day moving average of $8.86.

Ocado Group Company Profile

(Get Free Report)

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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