Avoid Ocado Group (OCDO) by William Kay in The Times - Tempus
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Performance
75.11%
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Price at start
1,232.00p
(bid)
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Current price
306.70p
(ask)
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Tip made
06/04/2022
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Tip Status
Open
Icon Key:
Tip Notes
"...Ocado has been trending down from £21 for the past six months, and now languishes at £12.23. Last month’s trading update was poorly received, knocking the shares by 8 per cent to £10 on the day amid a reduced sales forecast. That can only have been adjusted one way since, and the p/e ratio is still high." - William Kay, The Times, Tempus
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