Brambles Limited (OTCMKTS:BMBLF – Get Free Report) was down 18.8% during trading on Wednesday . The stock traded as low as $10.83 and last traded at $10.83. Approximately 482 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 2,736 shares. The stock had previously closed at $13.3320.
Brambles Price Performance
The firm has a fifty day moving average of $15.98 and a 200 day moving average of $16.04.
About Brambles
Brambles Limited, trading as OTCMKTS:BMBLF in the U.S. over-the-counter market, is a global provider of supply-chain logistics solutions. The company specializes in the pooling and management of reusable pallets, crates and containers under its principal brands, CHEP and IFCO. These assets are used by customers in consumer goods, fresh produce, automotive, industrial and retail sectors to streamline logistics, improve traceability and reduce waste across local and global distribution networks.
Established in the 19th century as part of the Colonial Sugar Refining Company, Brambles has evolved through demergers and strategic acquisitions to become a standalone entity listed on the Australian Securities Exchange.
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