ocado

Ocado

Ocado Share Price Just Reached a New High – Citi Sees 15% Upside

Ocado share price is down by more than 1.45%, becoming one of the worst performers in the FTSE 100 index. The company is trading at 2,488p, which is a few points below its all-time high of 2,587. Other worst-performers in the FTSE are BHP, Admiral Group, and Next PLC. Ocado...

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Ocado and M&S Start Online Delivery Joint Venture

Ocado and M&S begin their online grocery shopping joint venture this week in a move that M&S hopes will revitalize the brand. Online shopping has doubled its share of the UK market to 14% since the virus outbreak and Ocado expects that figure to reach 30%. The two companies had […]

Ocado

Ocado Share Price is Breaking Out – But Valuation Concerns Remain

Ocado share price is up by 0.15% today, continuing a trend that started on Monday, when the shares were trading at 2021p. The shares are now trading at 2207p, which is the highest level since June this year. So, does the new upward trend make Ocado stock a buy? Ocado...

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Ocado

Is Ocado share price a buy after the £40 million loss?

Ocado share price tumbled by more than 3% as traders digested the company’s first half results. The shares are trading at 1,963p, which is below a major support as I will explain below. By this decline, Ocado becomes the fourth-worst performing stocks in the FTSE 100 after Avast, and Halma,...

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