Shares of Ocado Group plc (OTCMKTS:OCDDY – Get Free Report) rose 7% on Wednesday . The stock traded as high as $7.71 and last traded at $7.69. Approximately 11,368 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 11,120 shares. The stock had previously closed at $7.19.
Ocado Group Price Performance
The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.13 and a current ratio of 2.35. The firm’s 50-day simple moving average is $7.24 and its 200-day simple moving average is $8.05.
About Ocado Group
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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