BEST Inc. American Depositary Shares each representing one Class A (NYSE:BEST) traded today at a new 52-week low of $1.02. Approximately 3.4 million shares have changed hands today, as compared to an average 30-day volume of 8.6 million shares.
BEST Inc is a supply chain company. It provides a New Retail platform which offers technology-enabled integrated solutions such as supply chain management, express delivery, freight, merchandise sourcing, cross-border supply chain, last-mile, financial and value-added services. The Group operates in five operating segments, Supply chain management services, Express delivery services, Freight delivery services, Store services, and Others. The Others category principally relates to cross-border logistic coordination services. Most of the firm’s revenue gets derived from the Express delivery segment.
Over the past year, BEST Inc. American Depositary Shares each representing one Class A has traded in a range of $1.02 to $4.75 and is now at $1.08.
There is potential upside of 25.3% for shares of BEST Inc. American Depositary Shares each representing one Class A based on a current price of $1.08 and an average consensus analyst price target of $1.36.
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