Brambles Limited (OTCMKTS:BMBLF – Get Free Report) shares shot up 0.8% on Monday. The stock traded as high as $15.5328 and last traded at $15.4640. 430 shares were traded during trading, a decline of 88% from the average daily volume of 3,649 shares. The stock had previously closed at $15.34.
Brambles Trading Up 0.8%
The stock has a fifty day moving average of $13.76 and a 200-day moving average of $14.80.
About Brambles
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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