Boom Logistics (ASX:BOL) Stock Crosses Below Two Hundred Day Moving Average of $0.16

Boom Logistics Limited (ASX:BOL) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.16 and traded as low as $0.17. Boom Logistics shares last traded at $0.17, with a volume of 502,506 shares.

The company has a quick ratio of 1.31, a current ratio of 1.48 and a debt-to-equity ratio of 28.29. The stock has a market cap of $73.88 million and a price-to-earnings ratio of -13.75. The company has a 50 day simple moving average of A$0.16 and a 200 day simple moving average of A$0.16.

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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