Ocado Group (OTCMKTS:OCDDY) Lowered to Strong Sell at Sanford C. Bernstein

Ocado Group (OTCMKTS:OCDDY) was downgraded by investment analysts at Sanford C. Bernstein from a “strong-buy” rating to a “strong sell” rating in a research note issued on Tuesday, Zacks.com reports.

Ocado Group Stock Performance

Shares of OTCMKTS OCDDY opened at $9.34 on Tuesday. Ocado Group has a 12-month low of $7.02 and a 12-month high of $20.55. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.35 and a quick ratio of 2.13. The stock’s 50 day simple moving average is $9.48 and its 200 day simple moving average is $9.29.

Ocado Group Company Profile

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.