Zacks Research upgraded shares of Brambles (OTCMKTS:BXBLY – Free Report) to a hold rating in a research report sent to investors on Thursday,Zacks.com reports.
Brambles Stock Performance
Shares of BXBLY opened at $33.26 on Thursday. The firm’s 50-day simple moving average is $31.00 and its 200 day simple moving average is $31.64. Brambles has a 52 week low of $23.31 and a 52 week high of $35.27. The company has a current ratio of 0.67, a quick ratio of 0.64 and a debt-to-equity ratio of 0.52.
Brambles Company Profile
Brambles Limited (OTCMKTS:BXBLY) is a global supply-chain logistics company headquartered in Sydney, Australia, best known for its pooled pallet and reusable packaging services. The company operates the CHEP brand for pallets and larger load-carrier solutions and the IFCO brand for reusable plastic crates, offering customers standardized, shared assets that move goods through retail, grocery, manufacturing and other supply chains.
Brambles’ core activities include the management, distribution and maintenance of pooled pallets, crates and containers; repair and refurbishment services; and logistics support such as asset tracking and inventory management.
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