Shares of Ocado Group plc (OTCMKTS:OCDGF – Get Free Report) dropped 10.6% on Wednesday . The company traded as low as $4.13 and last traded at $4.21. Approximately 500 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 2,329 shares. The stock had previously closed at $4.71.
Ocado Group Stock Down 10.6 %
The stock has a 50 day moving average of $4.76 and a two-hundred day moving average of $4.82.
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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