Brambles (OTCMKTS:BMBLF) Trading Down 1.7% – Time to Sell?

Brambles Limited (OTCMKTS:BMBLFGet Free Report)’s stock price was down 1.7% during trading on Friday . The stock traded as low as $17.39 and last traded at $17.39. Approximately 341 shares were traded during trading, a decline of 76% from the average daily volume of 1,411 shares. The stock had previously closed at $17.6880.

Brambles Price Performance

The firm has a 50-day moving average of $15.89 and a 200-day moving average of $16.07.

Brambles Company Profile

(Get Free Report)

Brambles Limited, trading as OTCMKTS:BMBLF in the U.S. over-the-counter market, is a global provider of supply-chain logistics solutions. The company specializes in the pooling and management of reusable pallets, crates and containers under its principal brands, CHEP and IFCO. These assets are used by customers in consumer goods, fresh produce, automotive, industrial and retail sectors to streamline logistics, improve traceability and reduce waste across local and global distribution networks.

Established in the 19th century as part of the Colonial Sugar Refining Company, Brambles has evolved through demergers and strategic acquisitions to become a standalone entity listed on the Australian Securities Exchange.

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