Brambles Limited (OTCMKTS:BMBLF – Get Free Report)’s share price shot up 2.6% during mid-day trading on Monday. The stock traded as high as $13.50 and last traded at $13.50. Approximately 263 shares traded hands during trading, a decline of 93% from the average daily volume of 3,811 shares. The stock had previously closed at $13.1550.
Brambles Price Performance
The stock’s 50 day moving average price is $13.87 and its 200 day moving average price is $14.25.
About Brambles
Brambles Limited is an Australian supply-chain logistics company best known for its CHEP business. CHEP provides reusable pallets, crates, containers and other platforms that are shared by manufacturers, distributors, retailers and other supply-chain participants. Its pooling model enables customers to rent and return standardized equipment rather than purchase and manage their own transport packaging.
The company’s products and services support the movement of consumer goods, fresh produce, automotive components and other products from producers to distribution centers and retailers.
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