Brambles Limited (OTCMKTS:BMBLF – Get Free Report) was up 0.8% during mid-day trading on Monday. The company traded as high as $15.5328 and last traded at $15.4640. Approximately 430 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 3,649 shares. The stock had previously closed at $15.34.
Brambles Stock Performance
The business has a 50 day moving average of $13.76 and a 200-day moving average of $14.80.
Brambles Company Profile
Brambles Limited is an Australian supply-chain logistics company best known for its CHEP pooling business. CHEP provides reusable pallets, crates, bins and containers that manufacturers, distributors, retailers and other supply-chain participants share, rather than individually own and manage. The company collects, inspects, repairs and redistributes these assets through a network of service centers and transport partners.
Brambles’ pooling model is designed to improve the movement of goods while reducing waste, empty transport miles and the need for single-use packaging.
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