Virtu Financial LLC Buys New Position in BEST Inc. (NYSE:BEST)

Virtu Financial LLC purchased a new position in shares of BEST Inc. (NYSE:BEST) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 30,703 shares of the company’s stock, valued at approximately $81,000.

Separately, Skandinaviska Enskilda Banken AB publ raised its holdings in BEST by 5.3% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 184,206 shares of the company’s stock worth $488,000 after purchasing an additional 9,243 shares in the last quarter. 5.09% of the stock is currently owned by institutional investors.

BEST Price Performance

BEST opened at $2.81 on Tuesday. BEST Inc. has a 1-year low of $1.85 and a 1-year high of $2.82. The company has a market capitalization of $56.37 million, a price-to-earnings ratio of -0.53 and a beta of 0.85. The business has a 50 day moving average price of $2.77 and a two-hundred day moving average price of $2.72.

BEST Profile

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.