InPost (OTCMKTS:INPOY) Shares Gap Up – Here’s Why

Shares of InPost S.A. – Unsponsored ADR (OTCMKTS:INPOY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $8.4240, but opened at $8.79. InPost shares last traded at $8.64, with a volume of 1,621 shares changing hands.

Analysts Set New Price Targets

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

Read Our Latest Stock Report on InPost

InPost Price Performance

The firm has a fifty day simple moving average of $8.80 and a 200 day simple moving average of $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.

Further Reading

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