BEST (NYSE:BEST) Stock Price Up 1.5%

BEST Inc. (NYSE:BESTGet Free Report)’s share price rose 1.5% during mid-day trading on Thursday . The company traded as high as $2.11 and last traded at $2.09. Approximately 13,575 shares traded hands during trading, a decline of 7% from the average daily volume of 14,542 shares. The stock had previously closed at $2.06.

BEST Stock Up 1.5 %

The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 132.28. The stock’s 50-day moving average is $2.08 and its 200-day moving average is $2.26. The company has a market cap of $42.18 million, a price-to-earnings ratio of -0.36 and a beta of 0.86.

BEST (NYSE:BESTGet Free Report) last released its earnings results on Wednesday, March 27th. The company reported ($1.08) earnings per share (EPS) for the quarter. BEST had a negative net margin of 9.85% and a negative return on equity of 953.33%. The company had revenue of $314.97 million for the quarter.

Institutional Trading of BEST

An institutional investor recently bought a new position in BEST stock. Deuterium Capital Management LLC bought a new stake in BEST Inc. (NYSE:BESTFree Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 32,409 shares of the company’s stock, valued at approximately $71,000. Deuterium Capital Management LLC owned about 0.16% of BEST at the end of the most recent reporting period. Institutional investors and hedge funds own 5.09% of the company’s stock.

BEST Company Profile

(Get Free Report)

BEST Inc operates as a smart supply chain service provider in the People's Republic of China. Its proprietary technology platform, BEST Cloud, enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company applies its technologies to a range of applications, such as network and route optimization, swap bodies, sorting line automation, smart warehouses, and store management.

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