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Brambles (OTCMKTS:BXBLY) Sets New 52-Week High - Should You Buy?

Brambles logo with Industrials background

Brambles Limited (OTCMKTS:BXBLY - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $28.42 and last traded at $28.10, with a volume of 24168 shares changing hands. The stock had previously closed at $28.21.

Brambles Stock Performance

The stock has a 50-day moving average of $26.48 and a 200 day moving average of $25.38. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.61 and a quick ratio of 0.57.

Brambles Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 17th. Investors of record on Thursday, March 13th were given a $0.3853 dividend. The ex-dividend date was Thursday, March 13th. This is a positive change from Brambles's previous dividend of $0.37.

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.

Further Reading

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

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

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