Let’s start up with the current stock price of BEST Inc. (BEST), which is $1.42 to be very precise. The Stock rose vividly during the last session to $1.53 after opening rate of $1.48 while the lowest price it went was recorded $1.42 before closing at $1.48.Recently in News on September 3, 2021, BEST Inc. to Hold 2021 Annual General Meeting on October 20, 2021. BEST Inc. (“BEST” or the “Company”) (NYSE: BEST), a leading integrated smart supply chain solutions and logistics services provider in China, today announced that it will hold its 2021 annual general meeting of shareholders at 5th Floor, Block A, Huaxing Modern Industry Park, No. 18 Tangmiao Road, Xihu District, Hangzhou, Zhejiang Province, People’s Republic of China at 10:00 a.m. (Beijing time) on October 20, 2021. You can read further details here
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 $2.8700 on 02/08/21, with the lowest value was $0.9300 for the same time period, recorded on 08/20/21.
BEST Inc. (BEST) full year performance was -59.23%
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 -61.29% during the 52-week period from high price, and 52.35% 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 $0.93 and $3.66.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1382801 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 -27.45%, having the revenues showcasing 15.62% 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 618.46M, as it employees total of 6927 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, 1 analysts were recommending to HOLD this stock, 1 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 1.3153, with a change in the price was noted +0.07. In a similar fashion, BEST Inc. posted a movement of +4.71% for the period of last 100 days, recording 5,034,084 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 6.92 at the time of this writing. In addition, long term Debt to Equity ratio is set at 3.35.
BEST Inc. (BEST): Technical Analysis
Raw Stochastic average of BEST Inc. in the period of last 50 days is set at 70.55%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 70.55%. In the last 20 days, the company’s Stochastic %K was 72.83% and its Stochastic %D was recorded 79.02%.
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 encouraging, given the fact the metric is recording -27.45%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -40.08%, alongside a downfall of -59.23% for the period of the last 12 months. The shares increased approximately by 8.82% in the 7-day charts and went down by 34.55% in the period of the last 30 days. Common stock shares were driven by 15.62% during last recorded quarter.