Bunzl (OTCMKTS:BZLFY) Reaches New 52-Week Low – Here’s Why

Bunzl PLC (OTCMKTS:BZLFYGet Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as $14.68 and last traded at $14.68, with a volume of 506 shares changing hands. The stock had previously closed at $15.22.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Bunzl to a “hold” rating in a research note on Friday, October 3rd. Three research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

View Our Latest Report on Bunzl

Bunzl Price Performance

The company has a fifty day moving average of $16.39 and a two-hundred day moving average of $15.98. The company has a quick ratio of 0.77, a current ratio of 1.36 and a debt-to-equity ratio of 0.69.

About Bunzl

(Get Free Report)

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.

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