Ocado Group (OTCMKTS:OCDDY) Shares Gap Down – Time to Sell?

Shares of Ocado Group (OTCMKTS:OCDDYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $6.72, but opened at $6.40. Ocado Group shares last traded at $6.40, with a volume of 608 shares changing hands.

Ocado Group Stock Down 4.8%

The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.84 and a current ratio of 1.88. The business’s 50-day simple moving average is $6.93 and its two-hundred day simple moving average is $7.22.

Ocado Group Company Profile

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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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