InPost (OTCMKTS:INPOY) Sees Large Volume Increase – Time to Buy?
by Scott Moore · The Cerbat GemInPost S.A. – Unsponsored ADR (OTCMKTS:INPOY – Get Free Report) saw unusually-strong trading volume on Monday. 105,925 shares changed hands during mid-day trading, an increase of 196% from the previous session’s volume of 35,751 shares. The stock last traded at $8.63 and had previously closed at $8.6950.
Analyst Upgrades and Downgrades
Separately, UBS Group downgraded InPost to a “neutral” rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.
Check Out Our Latest Research Report on InPost
InPost Trading Up 0.2%
The firm has a fifty day moving average of $8.86 and a 200-day moving average of $8.79.
InPost Company Profile
InPost SA is a technology-enabled logistics company that provides parcel delivery and collection services for e-commerce customers, merchants and consumers. Its primary offering is a network of automated parcel lockers, known as Paczkomat machines, which allow customers to send, collect and return packages without requiring home delivery. InPost also provides courier delivery, pickup and drop-off points, returns management and related digital services through its mobile applications and merchant platforms.
Founded in Poland, InPost helped popularize out-of-home parcel delivery in the country and has expanded its automated locker model across Europe.