PostNL (OTCMKTS:TNTFF) Stock Price Up 17.5% – What’s Next?

PostNL (OTCMKTS:TNTFF)’s stock price rose 17.5% during mid-day trading on Tuesday . The stock traded as high as $1.34 and last traded at $1.34. Approximately 119 shares traded hands during trading, a decline of 52% from the average daily volume of 250 shares. The stock had previously closed at $1.14.

PostNL Stock Up 17.5%

The stock has a 50 day moving average price of $1.22 and a 200 day moving average price of $1.16.

About PostNL

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.