InPost (OTCMKTS:INPOY) Stock Price Down 1.7% - Should You Sell?

Key Points

• InPost's stock declined by 1.7%, trading at $7.32 after reaching a low of $7.30 on Wednesday, with trading volume up by 46% compared to the average.
• Barclays renewed an "overweight" rating for InPost, contributing to the stock's average rating of "Buy" from analysts.
• The company's operations focus on out-of-home e-commerce through parcel locker services across Europe.

Shares of InPost S.A. - Unsponsored ADR (OTCMKTS:INPOY - Get Free Report) traded down 1.7% on Wednesday . The company traded as low as $7.30 and last traded at $7.32. 35,686 shares changed hands during mid-day trading, an increase of 46% from the average session volume of 24,464 shares. The stock had previously closed at $7.45.

Analyst Upgrades and Downgrades

Separately, Barclays restated an "overweight" rating on shares of InPost in a research note on Thursday, May 15th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy".

InPost Price Performance

The stock has a 50 day simple moving average of $7.64 and a two-hundred day simple moving average of $7.96.

About InPost

InPost SA, together with its subsidiaries, operates as an out-of-home e-commerce enablement platform providing parcel locker services in Europe. It operates through four segments: APM (Automated Parcel Machines), To-Door, Mondial Relay, and International Other. The APM segment focuses on the delivery of parcels to APM.

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