Brambles (OTCMKTS:BXBLY) Shares Gap Down – Should You Sell?

Brambles Ltd. (OTCMKTS:BXBLYGet Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $31.10, but opened at $29.55. Brambles shares last traded at $30.85, with a volume of 1,189 shares trading hands.

Brambles Trading Down 1.0%

The stock’s 50 day simple moving average is $31.73 and its 200-day simple moving average is $31.37. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.67.

Brambles Company Profile

(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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