bpost (OTCMKTS:BPOSY) Stock Falls 23.4% – Here’s What Happened

bpost (OTCMKTS:BPOSY) fell 23.4% during mid-day trading on Wednesday. The company traded as low as $1.2415 and last traded at $1.2415. 400 shares changed hands during mid-day trading, an increase of 399,900% from the average session volume of 0 shares. The stock had previously closed at $1.62.

bpost Price Performance

The business has a 50 day moving average price of $1.47 and a 200-day moving average price of $1.89. The company has a market capitalization of $248.30 million, a price-to-earnings ratio of -5.91 and a beta of 0.66. The company has a debt-to-equity ratio of 3.13, a quick ratio of 1.04 and a current ratio of 1.06.

bpost (OTCMKTS:BPOSY) last released its quarterly earnings results on Friday, November 6th. The company reported ($0.25) earnings per share for the quarter. bpost had a positive return on equity of 7.66% and a negative net margin of 0.85%.

About bpost

bpost SA/NV is Belgium’s national postal operator and a provider of parcel, logistics and e-commerce fulfillment services. The company collects, sorts and delivers letters, direct mail and parcels, while also operating a broad network of post offices, postal points and parcel lockers throughout Belgium.

In addition to its domestic postal activities, bpostgroup serves businesses and consumers through international logistics and e-commerce solutions. Its activities include cross-border parcel delivery, warehousing, order fulfillment, returns management and last-mile delivery.