Ocado Group (OTCMKTS:OCDGF – Get Free Report) is expected to post its resultson Thursday, July 16th. Analysts expect Ocado Group to announce earnings of ($0.2610) per share and revenue of $2.3176 billion for the quarter.
Ocado Group Price Performance
Shares of OTCMKTS OCDGF opened at $2.35 on Thursday. Ocado Group has a fifty-two week low of $2.25 and a fifty-two week high of $4.84. The firm’s 50-day simple moving average is $2.62 and its 200 day simple moving average is $2.83.
About Ocado Group
Ocado Group (OTCMKTS:OCDGF) is a UK-based technology-driven online grocery retailer and solutions provider. The company operates Ocado.com, an e-commerce grocery business offering a full range of fresh and ambient food products directly to consumers. Alongside its retail operations, Ocado Group has developed a suite of proprietary software and automation technologies—ranging from warehouse robotics and artificial intelligence to dynamic routing and order fulfillment systems—which it licenses to international retail partners under the Ocado Smart Platform.
Founded in 2000 by three former Goldman Sachs bankers, Ocado Group initially disrupted the UK grocery market with its home-delivery model.
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