For the readers interested in the stock health of BEST Inc. (BEST). It is currently valued at $2.73. When the transactions were called off in the previous session, Stock hit the highs of $2.85, after setting-off with the price of $2.85. Company’s stock value dipped to $2.6605 during the trading on the day. When the trading was stopped its value was $2.79.
Recently in News on December 11, 2020, BEST Inc. to Launch New Flagship Sortation Center in Southeast Asia Ahead of Peak Holiday Deliveries. BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China, announced today that ahead of the approaching holiday sales season, it will be opening a brand new flagship sortation center in Vietnam and has already expanded its sortation center in Bangkok, Thailand, all in an effort to meet growing customer demand in Southeast Asia. You can read further details here
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BEST Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.87 on 02/08/21, with the lowest value was $1.91 for the same time period, recorded on 01/04/21.
BEST Inc. (BEST) full year performance was -50.81%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, BEST Inc. shares are logging -53.17% during the 52-week period from high price, and 42.93% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.91 and $5.83.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 4099666 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the BEST Inc. (BEST) recorded performance in the market was 33.82%, having the revenues showcasing -4.88% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.01B, as it employees total of 8423 workers.
Analysts verdict on BEST Inc. (BEST)
During the last month, 0 analysts gave the BEST Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.59, with a change in the price was noted -0.53. In a similar fashion, BEST Inc. posted a movement of -16.26% for the period of last 100 days, recording 4,566,572 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BEST is recording 2.44 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.04.
BEST Inc. (BEST): Technical Analysis
Raw Stochastic average of BEST Inc. in the period of last 50 days is set at 73.87%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 84.27%. In the last 20 days, the company’s Stochastic %K was 84.64% and its Stochastic %D was recorded 82.17%.
Let’s take a glance in the erstwhile performances of BEST Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 33.82%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -38.79%, alongside a downfall of -50.81% for the period of the last 12 months. The shares increased approximately by 12.81% in the 7-day charts and went down by 27.57% in the period of the last 30 days. Common stock shares were lifted by -4.88% during last recorded quarter.