CTT – Correios De Portugal, S.A. (OTCMKTS:CTTOF – Get Free Report)’s stock price fell 2.2% during mid-day trading on Wednesday. The stock traded as low as $6.55 and last traded at $6.55. 1,001 shares were traded during trading, a decline of 87% from the average session volume of 7,800 shares. The stock had previously closed at $6.70.
CTT – Correios De Portugal Stock Performance
The stock has a 50-day moving average price of $7.15 and a two-hundred day moving average price of $7.06.
CTT – Correios De Portugal Company Profile
CTT – Correios de Portugal, SA is Portugal’s national postal service provider and one of the country’s longest-established companies. Its origins date to the creation of Portugal’s public postal service in 1520, and the business was reorganized as a public company in 1969 before being privatized in the 2010s.
The company provides the collection, processing, transportation and delivery of letters, parcels and other postal items. Through its CTT Expresso and logistics operations, it also offers express delivery, e-commerce fulfillment and supply-chain services for businesses and consumers.
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