Brambles (OTCMKTS:BXBLY) Hits New 1-Year High - What's Next?

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.

Brambles Ltd. (OTCMKTS:BXBLY - ) shares reached a new 52-week high during 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 business's fifty day simple moving average is $30.88 and its 200 day simple moving average is $28.25. The company has a current ratio of 0.53, a quick ratio of 0.50 and a debt-to-equity ratio of 0.40.

About Brambles

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.

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