ocado

Ocado Share Price at Risk of a 7% Drop as UK Reopens

The Ocado share price declined yesterday ahead of key earnings by rivals like Tesco and as the UK economy started its reopening. The OCDO stock ended the day at 2,100p, which was slightly below the Friday’s high of 2,155p. The company is valued at more than £15.74 billion. What happened: […]

Ocado Share Price Pattern Hints to a Possible Rebound

The Ocado share price is struggling. The stock ended last week at 2,022, which was slightly above the weekly low of 1,956p. Still, the stock is 30% below the year-to-date high of 2,888p.  What happened: Ocado has been one of the biggest winners of the pandemic in the FTSE 100 […]

Ocado

Ocado Share Price is Being Pressured – What Next?

The Ocado share price slipped today as investors digested the latest rankings by Which, the consumer advocacy group. The shares are trading at 2,445[p, which is slightly above the intraday low of 2,355p. This was the lowest it has been since January 8 this year. What happened: In a report […]

Ocado Gains 1.7%, But Faces a Steep Climb to 2800

Ocado has started the week on a cautious note, even as it confirms a new commencement date for its new Chief Financial Officer, Stephen Daintith. Daitntith, who was previously at Dow Jones and News International, resumes on March 22. He will be taking over from Duncan Tatton-Brown, who is stepping […]

Ocado

Ocado Share Price Forms Cup and Handle Pattern Ahead of Earnings

Ocado share price is under intense pressure ahead of the company’s annual reports scheduled for tomorrow morning. The shares are down by more than 1% today and are trading at 2,781, which is below the year-to-date high of 2,900p. What’s happening: Last week, we received important corporate earnings from leading […]