InPost (OTCMKTS:INPOY) Hits New 52-Week High – Time to Buy?

InPost S.A. – Unsponsored ADR (OTCMKTS:INPOYGet Free Report)’s stock price hit a new 52-week high on Friday . The stock traded as high as $9.19 and last traded at $8.9550, with a volume of 980 shares changing hands. The stock had previously closed at $8.83.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered shares of InPost to a “neutral” rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, InPost has an average rating of “Hold”.

Get Our Latest Stock Report on INPOY

InPost Stock Up 1.4%

The stock has a 50 day moving average of $8.87 and a two-hundred day moving average of $8.79.

InPost Company Profile

(Get Free Report)

InPost SA is a technology-enabled logistics company that provides parcel delivery and collection services for e-commerce customers, merchants and consumers. Its primary offering is a network of automated parcel lockers, known as Paczkomat machines, which allow customers to send, collect and return packages without requiring home delivery. InPost also provides courier delivery, pickup and drop-off points, returns management and related digital services through its mobile applications and merchant platforms.

Founded in Poland, InPost helped popularize out-of-home parcel delivery in the country and has expanded its automated locker model across Europe.

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