PostNL (OTCMKTS:TNTFF – Get Free Report) shares were down 15.3% during mid-day trading on Thursday . The company traded as low as $1.1348 and last traded at $1.1348. Approximately 249 shares traded hands during trading, an increase of 149% from the average daily volume of 100 shares. The stock had previously closed at $1.34.
PostNL Price Performance
The firm has a 50-day simple moving average of $1.39 and a two-hundred day simple moving average of $1.29.
PostNL Company Profile
PostNL NV is a leading provider of postal and logistics services in the Netherlands, specializing in the delivery of mail, parcels and e-commerce solutions. The company offers end-to-end logistics support, including fulfillment, direct marketing, warehousing and supply chain management, designed to meet the needs of both consumers and business clients. Its service portfolio also encompasses last-mile delivery, digital tracking and returns management to support a wide range of customer requirements.
Tracing its roots to the early Dutch state postal service of the 18th century, PostNL became an independent listed company in October 2011 following its spin-off from Royal KPN N.V.
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