Shares of Ocado Group (OTCMKTS:OCDDY – Get Free Report) saw an uptick in trading volume on Wednesday . 11,112 shares traded hands during trading, an increase of 16% from the previous session’s volume of 9,605 shares.The stock last traded at $6.06 and had previously closed at $6.15.
Wall Street Analyst Weigh In
Separately, Berenberg Bank raised shares of Ocado Group to a “strong-buy” rating in a report on Thursday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, Ocado Group has an average rating of “Strong Buy”.
Read Our Latest Analysis on Ocado Group
Ocado Group Price Performance
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.
Further Reading
- Five stocks we like better than Ocado Group
- Viking’s Obesity Edge May Be Staying Power, Not Weight Loss
- Gold Defied the Fed’s Rate Hike—These 3 Plays Stand Out
- Thor Industries Is Boring—And That May Be Its Biggest Advantage
- Full Throttle: Kratos and GE Fire Up a Next-Gen Defense Engine
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.
