Brambles (ASX:BXB) Share Price Passes Above Two Hundred Day Moving Average of $12.18

Brambles Limited (ASX:BXB) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.18 and traded as high as $12.84. Brambles shares last traded at $12.65, with a volume of 2,758,410 shares changing hands.

The company has a debt-to-equity ratio of 57.78, a quick ratio of 1.54 and a current ratio of 1.60. The stock has a market cap of $19.54 billion and a P/E ratio of 13.78. The stock has a 50-day moving average price of A$12.27 and a 200-day moving average price of A$12.19.

About Brambles (ASX:BXB)

Brambles Limited provides supply-chain logistics solutions based on the provision of reusable pallets, crates, and containers for shared use by various participants in the supply chain. The company operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; CHEP Australia, New Zealand and Asia, excluding India; and IFCO segments.

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