Shares of BEST Inc. (NYSE:BEST – Get Free Report) dropped 0.7% during trading on Thursday . The company traded as low as $2.65 and last traded at $2.65. Approximately 8,730 shares changed hands during trading, a decline of 59% from the average daily volume of 21,495 shares. The stock had previously closed at $2.67.
BEST Stock Up 0.4 %
The company has a 50 day moving average price of $2.69 and a 200-day moving average price of $2.65. The company has a market cap of $53.44 million, a price-to-earnings ratio of -0.50 and a beta of 0.79.
About BEST
BEST Inc operates as a smart supply chain service provider in the People's Republic of China. Its proprietary technology platform, BEST Cloud, 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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