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home / news releases / OCDDY - Ocado: Why It's Not A Tech Company

OCDDY - Ocado: Why It's Not A Tech Company

Ocado Group Plc Hatfield ADR
  • Ocado's valuation has been on a tear.
  • That treats the lossmaking group like a tech company, but in its essential characteristics I assess it to be a logistics company.
  • That means the valuation is out of whack. However, as long as the market buys the tech story (which it has for years), the price may stay elevated.

For further details see:

Ocado: Why It's Not A Tech Company
Stock Information
Company Name: Ocado Group Plc Hatfield ADR
Stock Symbol: OCDDY
Market: OTC
Website: ocadogroup.com
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