Boom Logistics (ASX:BOL) Stock Price Down 3.2%

Boom Logistics Limited (ASX:BOL)’s share price fell 3.2% on Friday . The company traded as low as A$0.15 ($0.11) and last traded at A$0.15 ($0.11). 60,000 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 885,392 shares. The stock had previously closed at A$0.16 ($0.11).

The firm has a 50-day moving average price of A$0.15. The stock has a market cap of $64.66 million and a price-to-earnings ratio of -37.50. The company has a current ratio of 0.86, a quick ratio of 0.75 and a debt-to-equity ratio of 25.53.

Boom Logistics Company Profile (ASX:BOL)

Boom Logistics Limited provides crane logistics and lifting solutions to resource, energy, utility, and infrastructure sectors in Australia. The company operates through two segments, Lifting Solutions and Labour Hire. It offers mobile and crawler cranes for wet and dry hire with short term or long term hire facilities; tailored elevated work platform (EWP) solutions with a fleet of travel towers and access equipment, and associated services; and project management services.

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