Shares of Ocado Group plc (OTCMKTS:OCDDY – Get Rating) rose 1.6% during trading on Monday . The company traded as high as $10.12 and last traded at $9.94. Approximately 74,599 shares traded hands during trading, an increase of 90% from the average daily volume of 39,272 shares. The stock had previously closed at $9.78.
Ocado Group Trading Up 1.6 %
The stock’s fifty day simple moving average is $11.90 and its 200 day simple moving average is $14.64.
About Ocado Group
Ocado Group Plc engages in the operation of online grocery supermarket. It operates through the following segments: Retail, UK Solutions & Logistics, and International Solutions. The Retail segment provides online grocery and general merchandise offerings to customers within the UK. The UK Solutions & Logistics segment reflects contracts with the Ocado Retail joint venture and Morrisons, inclusive of both solutions contracts and service agreements with Ocado Logistics for the provision of third party logistics and other services.
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