Qube (OTCMKTS:QUBHF) Trading Down 6.9% – Here’s What Happened

Shares of Qube Holdings Limited (OTCMKTS:QUBHFGet Free Report) were down 6.9% during trading on Friday . The stock traded as low as $3.0080 and last traded at $3.0080. Approximately 315 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 3,932 shares. The stock had previously closed at $3.23.

Qube Stock Down 6.9%

The business’s 50 day moving average price is $2.98 and its 200-day moving average price is $2.65.

Qube Company Profile

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Qube Holdings Limited, together with its subsidiaries, provides logistics solutions for import and export supply chain in Australia, New Zealand, and internationally. The company's Operating division offers services relating to the import and export of primarily containerized cargo; provides various logistics services, which includes road and rail transport, warehousing and distribution, container parks, and related services, as well as operates intermodal logistics hubs, including rail terminals and international freight forwarding; owns and operates automotive terminals that provides automotive, general cargo, and break-bulk facilities; operates multi-user grain storage and handling facilities; and develops and operates an import-export rail terminal, and an interstate rail terminal at the Moorebank Logistics Park.

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