Shares of InPost S.A. – Unsponsored ADR (OTCMKTS:INPOY – Get Free Report) gapped down before the market opened on Tuesday. The stock had previously closed at $8.21, but opened at $7.8165. InPost shares last traded at $7.8165, with a volume of 202 shares traded.
Analyst Upgrades and Downgrades
Separately, UBS Group lowered shares of InPost to a “neutral” rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, the company presently has an average rating of “Hold”.
View Our Latest Stock Report on INPOY
InPost Trading Down 2.6%
The stock’s fifty day moving average price is $8.71 and its 200 day moving average price is $8.67.
About InPost
InPost SA is a technology-enabled logistics company specializing in out-of-home delivery and e-commerce services. Its core offering is a network of automated parcel lockers, known as Paczkomat, which allows consumers to collect and return packages at convenient locations without requiring a home delivery appointment.
The company also provides courier delivery, parcel collection and returns, fulfillment, and other logistics services for online retailers and consumers. Its platform is designed to support the full e-commerce delivery cycle, from shipment and last-mile distribution to returns management.
Founded in Poland, InPost has expanded its operations across several European markets, including the United Kingdom, France, Italy, Spain, Portugal, Belgium, Luxembourg and the Netherlands.
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