OCDGF - Ocado: Looking At The Glass As Half Empty
2024-06-12 09:08:21 ET
Summary
- Ocado is a London-listed online retailer and provider of online retail services to other retailers and has experienced a 22% share price drop in under three months.
- The company's declining market capitalization led to its removal from the FTSE 100 index, potentially causing further share price decreases.
- Despite some strengths, such as a successful U.K. retail business and growing technology solutions division, concerns remain about cash flow, capex costs, and valuation.
Ocado ( OCDGF ) is a London-listed online retailer and seller of online retail services to fellow retailers....
Ocado: Looking At The Glass As Half Empty