BEST Inc. (NYSE:BEST) was down 8.7% on Tuesday . The company traded as low as $5.14 and last traded at $5.14, approximately 1,975,121 shares changed hands during mid-day trading. An increase of 93% from the average daily volume of 1,024,332 shares. The stock had previously closed at $5.63.
A number of equities analysts recently weighed in on BEST shares. Zacks Investment Research cut BEST from a “hold” rating to a “sell” rating in a report on Friday, August 16th. Sanford C. Bernstein cut BEST from a “market perform” rating to an “underperform” rating in a report on Tuesday, August 20th.
The company has a market cap of $2.10 billion, a price-to-earnings ratio of -24.48 and a beta of 1.25. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 0.02. The business has a fifty day moving average of $4.88 and a two-hundred day moving average of $5.09.
BEST Company Profile (NYSE:BEST)
BEST Inc operates as a smart supply chain service provider in the People's Republic of China. Its proprietary technology platform enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company applies its technologies to a range of applications, such as network and route optimization, swap bodies, sorting line automation, smart warehouses, and store management.
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