BARLOWORLD LTD/ADR (OTCMKTS:BRRAY)’s share price hit a new 52-week low on Tuesday . The company traded as low as $7.09 and last traded at $7.22, with a volume of 1162 shares traded. The stock had previously closed at $7.72.
A number of analysts have weighed in on BRRAY shares. Zacks Investment Research upgraded BARLOWORLD LTD/ADR from a “sell” rating to a “buy” rating and set a $10.00 price target for the company in a report on Tuesday, July 9th. ValuEngine downgraded BARLOWORLD LTD/ADR from a “hold” rating to a “sell” rating in a report on Thursday, August 15th.
The company has a 50 day moving average price of $8.66 and a 200 day moving average price of $9.22. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 8.19, a P/E/G ratio of 1.39 and a beta of 1.71.
Barloworld Limited distributes products that provide integrated rental, fleet management, product support, and logistics solutions in South Africa, rest of Africa, the Middle East, and Russia. The company operates through Equipment, Automotive, and Logistics divisions. It offers short-term vehicle rental services; long-term vehicle lease and fleet management services to operators of passenger and commercial vehicles; and bulk used vehicle disposal solutions and other digital services.
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