PostNL (OTCMKTS:PSTNY) Shares Down 22.7% – Time to Sell?

Shares of PostNL (OTCMKTS:PSTNYGet Free Report) were down 22.7% during mid-day trading on Friday . The company traded as low as $0.97 and last traded at $0.97. Approximately 850 shares changed hands during trading, a decline of 68% from the average daily volume of 2,650 shares. The stock had previously closed at $1.25.

PostNL Price Performance

The firm has a 50 day moving average price of $1.24 and a 200 day moving average price of $1.23.

PostNL Company Profile

(Get Free Report)

PostNL N.V. provides postal and logistics services to businesses and consumers in the Netherlands, rest of Europe, and internationally. The company operates through Parcels and Mail in the Netherlands and PostNL Other segments. It collects, sorts, transports, and delivers letters and parcels; and offers data management, direct marketing, and fulfillment services, as well as cross-border mail and parcels solutions.

Further Reading

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