Ocado Group (OTCMKTS:OCDDY) Shares Gap Up – Here’s What Happened

Ocado Group (OTCMKTS:OCDDY – Get Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $5.67, but opened at $6.02. Ocado Group shares last traded at $6.00, with a volume of 204 shares.

Ocado Group Price Performance

The stock has a fifty day moving average of $5.66 and a two-hundred day moving average of $5.37. The company has a quick ratio of 1.36, a current ratio of 1.41 and a debt-to-equity ratio of 0.87.

Ocado Group Company Profile

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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.

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