Free Trial

Brambles (OTCMKTS:BXBLY) Hits New 12-Month High - Still a Buy?

Brambles logo with Industrials background

Key Points

  • Brambles Ltd. shares hit a new 52-week high of $35.27 before settling at $33.91 during trading, suggesting strong market interest.
  • The company's current ratio stands at 0.53 and its debt-to-equity ratio is 0.40, indicating a relatively low liquidity position but manageable debt levels.
  • Brambles operates in supply-chain logistics, focusing on the management and pooling of pallets, crates, and containers across various global markets.
  • MarketBeat previews top five stocks to own in October.

Brambles Ltd. (OTCMKTS:BXBLY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $35.27 and last traded at $33.91, with a volume of 57770 shares traded. The stock had previously closed at $33.87.

Brambles Price Performance

The company has a quick ratio of 0.50, a current ratio of 0.53 and a debt-to-equity ratio of 0.40. The business's 50 day moving average is $31.08 and its 200-day moving average is $28.51.

Brambles Company Profile

(Get Free Report)

Brambles Limited operates as a supply-chain logistics company. It operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. The company engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers.

Featured Stories

Should You Invest $1,000 in Brambles Right Now?

Before you consider Brambles, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brambles wasn't on the list.

While Brambles currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.