Ocado Group (OTCMKTS:OCDGF) Shares Pass Below 50-Day Moving Average – What’s Next?

Shares of Ocado Group plc (OTCMKTS:OCDGFGet Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.73 and traded as low as $3.10. Ocado Group shares last traded at $3.10, with a volume of 41,000 shares traded.

Ocado Group Price Performance

The company’s fifty day moving average is $3.73 and its 200-day moving average is $4.17.

About Ocado Group

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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.

Further Reading

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