Zacks Investment Research cut shares of OCADO GRP PLC/S (OTCMKTS:OCDDY) from a hold rating to a sell rating in a report released on Wednesday, Zacks.com reports.

According to Zacks, “Ocado Group PLC is an online grocery retailer. It provides home delivery items which include food and drink, toiletries, household goods, toys and games, baby products, pet care, health and medicines and beauty and clothing. Ocado Group PLC is headquartered in Hatfield, United Kingdom. “

Separately, ValuEngine cut shares of OCADO GRP PLC/S from a hold rating to a sell rating in a report on Wednesday, October 16th.

OCDDY stock traded up $0.10 during mid-day trading on Wednesday, reaching $32.30. The company’s stock had a trading volume of 452 shares, compared to its average volume of 901. The company has a current ratio of 1.37, a quick ratio of 1.26 and a debt-to-equity ratio of 0.64. The business’s 50 day moving average price is $32.26 and its 200 day moving average price is $31.37. The company has a market cap of $11.44 billion, a price-to-earnings ratio of -179.43 and a beta of 3.27. OCADO GRP PLC/S has a 12 month low of $18.77 and a 12 month high of $39.85.

About OCADO GRP PLC/S

Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. The company operates through two segments, Retail and Solutions. It sells general merchandise products on its Ocado.com hypermarket through three specialty destination sites, including Fetch, a pet store; Sizzle, a kitchen and dining store; and Fabled, a premium beauty store.

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