Ocado Group (OTCMKTS:OCDDY – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $3.96 and last traded at $4.03, with a volume of 23032 shares changing hands. The stock had previously closed at $4.6192.
Ocado Group Trading Down 13.2%
The company has a 50-day moving average of $5.11 and a two-hundred day moving average of $5.63. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.93 and a current ratio of 2.00.
Ocado Group Company Profile
Ocado Group plc is a leading global online grocery retailer and technology provider. Founded in 2000 by three former investment bankers, the company pioneered the use of automated warehouses to fulfill online grocery orders in the United Kingdom. Ocado operates a UK retail platform under the Ocado.com brand, offering grocery delivery services to consumers through a network of highly automated customer fulfillment centers. Its proprietary Ocado Smart Platform (OSP) integrates warehouse automation, software, and robotics to manage inventory, order dispatch, and route planning.
Beyond its UK retail operations, Ocado leverages its OSP through licensing agreements with major supermarket chains worldwide.
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