Brambles (OTCMKTS:BXBLY) Reaches New 1-Year High – Time to Buy?

Brambles Limited (OTCMKTS:BXBLYGet Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $27.63 and last traded at $26.62, with a volume of 362805 shares. The stock had previously closed at $26.46.

Brambles Stock Performance

The company’s 50-day moving average is $24.37 and its 200-day moving average is $24.55. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.61 and a quick ratio of 0.57.

Brambles Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.3853 per share. The ex-dividend date of this dividend is Thursday, March 13th. This is a boost from Brambles’s previous dividend of $0.37.

Brambles Company Profile

(Get Free Report)

Brambles Limited operates as a supply-chain logistics company. It operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. The company engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers.

Further Reading

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