Ocado Group (OTCMKTS:OCDDY – Get Free Report) was upgraded by analysts at Berenberg Bank to a “strong-buy” rating in a research report issued on Thursday, Zacks reports.
Ocado Group Price Performance
OTCMKTS OCDDY opened at $6.00 on Thursday. The company has a current ratio of 1.41, a quick ratio of 1.36 and a debt-to-equity ratio of 0.87. Ocado Group has a 12 month low of $3.96 and a 12 month high of $8.01. The company’s fifty day moving average price is $5.72 and its two-hundred day moving average price is $5.37.
About Ocado Group
Ocado Group plc is a U.K.-based technology company specializing in online grocery retail and automated fulfillment. Its core offering, the Ocado Smart Platform, combines e-commerce software, warehouse automation, robotics, artificial intelligence and logistics systems to help grocery retailers operate online businesses and fulfill customer orders efficiently.
The company develops and operates highly automated customer fulfillment centers, supported by proprietary technologies such as robotic systems, inventory management tools, order-processing software and delivery-routing capabilities.
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