InPost (OTCMKTS:INPOY) Stock Price Up 3.2% – Here’s Why

InPost S.A. – Unsponsored ADR (OTCMKTS:INPOY – Get Free Report)’s share price was up 3.2% during trading on Wednesday. The stock traded as high as $8.6750 and last traded at $8.6750. Approximately 314 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 34,668 shares. The stock had previously closed at $8.41.

Analyst Upgrades and Downgrades

Separately, UBS Group cut shares of InPost to a “neutral” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Read Our Latest Report on InPost

InPost Price Performance

The firm’s 50-day moving average is $8.79 and its 200 day moving average is $8.79.

About InPost

(Get Free Report)

InPost is a technology-enabled logistics company specializing in automated parcel lockers and out-of-home delivery services. Its network of parcel machines allows consumers to send, receive and return packages without requiring a home delivery, while its logistics operations support parcel collection, transportation and last-mile fulfillment for retailers, businesses and individuals.

Founded in Poland, InPost has expanded its parcel-locker model across several European markets, including the United Kingdom, France, Italy, Spain, Portugal, Belgium, Luxembourg and the Netherlands.

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