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Brambles (OTCMKTS:BXBLY) Sees Unusually-High Trading Volume - Still a Buy?

Brambles logo with Industrials background

Brambles Ltd. (OTCMKTS:BXBLY - Get Free Report) shares saw an uptick in trading volume on Tuesday . 219,333 shares were traded during mid-day trading, an increase of 209% from the previous session's volume of 70,902 shares.The stock last traded at $30.32 and had previously closed at $30.04.

Brambles Price Performance

The company has a 50 day moving average price of $29.29 and a 200-day moving average price of $26.58. The company has a quick ratio of 0.50, a current ratio of 0.53 and a debt-to-equity ratio of 0.40.

About Brambles

(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

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