Ocado Group traded at 246.40 this Thursday October 1st, decreasing 6.80 or 2.69 percent since the previous trading session. Looking back, over the last four weeks, Ocado Group lost 19.96 percent. Over the last 12 months, its price rose by 8.79 percent. Looking ahead, we forecast Ocado Group to be priced at 232.06 by the end of this quarter and at 218.95 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ocado Group plc is a global technology business redefining e-commerce, fulfilment, and logistics in online grocery and beyond. The Company’s segments include Retail, Logistics, and Technology Solutions. The Retail segment provides online grocery and general merchandise offerings to customers within the United Kingdom and relates entirely to the Ocado Retail joint venture. The Logistics segment provides the customer fulfilment centers (CFCs) and logistics services for customers in the United Kingdom (Wm Morrison Supermarkets Limited and Ocado Retail Limited). The Technology Solutions segment provides end-to-end online retail and automated storage and retrieval solutions for general merchandise to corporate customers both in and outside of the United Kingdom. Technology Solutions includes Ocado Intelligent Automation. Its Ocado Smart Platform (OSP) is a configurable end-to-end e-commerce, fulfilment and logistics solution built to meet the demands of online grocery retail.