Qube (OTCMKTS:QUBHF) Trading 4.7% Higher – Here’s What Happened
by Jessica Moore · The Cerbat GemShares of Qube Holdings Limited (OTCMKTS:QUBHF – Get Free Report) traded up 4.7% on Wednesday . The stock traded as high as $3.5850 and last traded at $3.42. 1,348 shares were traded during mid-day trading, a decline of 75% from the average session volume of 5,414 shares. The stock had previously closed at $3.2675.
Qube Price Performance
The company has a fifty day moving average price of $3.42 and a two-hundred day moving average price of $3.21.
Qube Company Profile
Qube (OTCMKTS:QUBHF) is the American Depositary Receipt (ADR) of Qube Global Logistics Limited, one of Australia’s leading diversified logistics and infrastructure providers. The company offers an integrated suite of services that spans container stevedoring, rail operations, bulk and breakbulk handling, warehousing, terminal management and road transport. Qube’s asset-backed operating platforms are strategically located at key port precincts and inland terminals, enabling seamless connections between maritime and land freight networks across the Australian continent.
Since its incorporation in 2006 and subsequent listing on the Australian Securities Exchange in 2011, Qube has pursued both organic growth and targeted acquisitions to expand its service portfolio and geographic reach.