Brambles (OTCMKTS:BXBLY) Shares Gap Down – What’s Next?

Shares of Brambles Ltd. (OTCMKTS:BXBLYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $30.25, but opened at $29.27. Brambles shares last traded at $30.47, with a volume of 669 shares.

Brambles Stock Performance

The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.67. The company’s fifty day simple moving average is $32.04 and its two-hundred day simple moving average is $31.19.

Brambles Announces Dividend

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

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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