Qube Holdings Ltd (ASX:QUB) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.28 and traded as high as $3.28. Qube shares last traded at $3.21, with a volume of 3,250,797 shares.
The company’s 50-day moving average is A$3.28 and its two-hundred day moving average is A$3.13. The company has a debt-to-equity ratio of 53.91, a current ratio of 1.46 and a quick ratio of 1.35. The firm has a market cap of $5.25 billion and a P/E ratio of 26.48.
In other Qube news, insider Maurice James 1,474,694 shares of Qube stock in a transaction dated Monday, September 16th.
Qube Holdings Limited, together with its subsidiaries, provides integrated import and export logistics services for freight moving to and from ports in Australia. The company's Logistics segment offers services relating to the import and export of primarily containerized cargo. This segment provides various services, including physical and documentary processes, and tasks of the import/export supply chain, such as road and rail transport of containers to and from ports, operation of container parks, customs and quarantine services, warehousing, intermodal terminals, international freight forwarding, and bulk rail haulage for rural commodities.
See Also: Why do corrections happen?
Receive News & Ratings for Qube Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qube and related companies with MarketBeat.com's FREE daily email newsletter.