Brambles (ASX:BXB) Shares Pass Above 200 Day Moving Average of $12.22

Brambles Limited (ASX:BXB)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $12.22 and traded as high as $11.02. Brambles shares last traded at $11.01, with a volume of 1,869,852 shares.

The stock’s 50 day moving average is A$12.06 and its two-hundred day moving average is A$12.22. The company has a market capitalization of $17.49 billion and a PE ratio of 11.99. The company has a quick ratio of 1.54, a current ratio of 1.60 and a debt-to-equity ratio of 57.78.

The firm also recently disclosed a Interim dividend, which will be paid on Tuesday, October 22nd. Investors of record on Tuesday, October 22nd will be paid a $0.17 dividend. The ex-dividend date of this dividend is Monday, October 14th. This is a positive change from Brambles’s previous Interim dividend of $0.15. This represents a yield of 1.51%. Brambles’s dividend payout ratio is 31.59%.

In other Brambles news, insider Graham Chipchase 168,432 shares of the firm’s stock in a transaction that occurred on Monday, September 2nd.

Brambles Company Profile (ASX:BXB)

Brambles Limited provides supply-chain logistics solutions based on the provision of reusable pallets, crates, and containers for shared use by various participants in the supply chain. The company operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; CHEP Australia, New Zealand and Asia, excluding India; and IFCO segments.

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