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Brambles (OTCMKTS:BXBLY) Trading Down 4.7% - What's Next?

Brambles logo with Industrials background

Shares of Brambles Ltd. (OTCMKTS:BXBLY - Get Free Report) traded down 4.7% during mid-day trading on Monday . The stock traded as low as $29.01 and last traded at $30.07. Approximately 6,384 shares changed hands during trading, a decline of 91% from the average daily volume of 72,777 shares. The stock had previously closed at $31.54.

Brambles Stock Performance

The stock has a 50-day moving average price of $28.45 and a 200 day moving average price of $26.15.

About Brambles

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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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