Brambles (OTCMKTS:BXBLY) Shares Gap Down – Time to Sell?

Brambles Ltd. (OTCMKTS:BXBLYGet Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $32.21, but opened at $29.50. Brambles shares last traded at $30.4550, with a volume of 33,420 shares traded.

Brambles Stock Down 1.8%

The company’s fifty day simple moving average is $32.86 and its two-hundred day simple moving average is $30.82. 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 Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, October 15th. Stockholders of record on Friday, September 12th were issued a $0.1031 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a dividend yield of 218.0%.

About Brambles

(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.

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