BEST (NYSE:BEST) Shares Down 0.4% – Here’s Why

BEST Inc. (NYSE:BESTGet Free Report) dropped 0.4% during trading on Friday . The company traded as low as $2.62 and last traded at $2.63. Approximately 15,078 shares changed hands during mid-day trading, a decline of 6% from the average daily volume of 16,039 shares. The stock had previously closed at $2.64.

BEST Stock Down 0.4 %

The stock has a 50 day moving average of $2.67 and a 200 day moving average of $2.70. The firm has a market cap of $52.85 million, a price-to-earnings ratio of -0.50 and a beta of 0.79.

About BEST

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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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