Ocado Group plc (OTCMKTS:OCDGF – Get Free Report)’s stock price fell 0.9% during mid-day trading on Wednesday . The company traded as low as $5.82 and last traded at $5.82. 448 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 2,285 shares. The stock had previously closed at $5.87.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. upgraded shares of Ocado Group from an “underweight” rating to a “neutral” rating in a research note on Wednesday, December 6th. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold”.
Read Our Latest Research Report on Ocado Group
Ocado Group Stock Down 0.9 %
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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