Ocado Group (OTCMKTS:OCDGF) Shares Pass Below 50 Day Moving Average – Here’s Why

Ocado Group plc (OTCMKTS:OCDGFGet Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.81 and traded as low as $3.70. Ocado Group shares last traded at $3.70, with a volume of 24,551 shares trading hands.

Ocado Group Price Performance

The stock has a 50 day moving average of $3.81 and a 200 day moving average of $4.39.

About Ocado Group

(Get Free Report)

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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