Is It Time To Review Stock News? BEST Inc. (NYSE:BEST)

BEST Inc. (NYSE:BEST) stock identified change of 45.62% away from 52-week low price and recently located move of -22.35% off 52-week high price. It has market worth of $2120.4M. BEST stock has been recorded 12.72% away from 50 day moving average and 8.85% away from 200 day moving average. Moving closer, we can see that shares have been trading 21.35% off 20-day moving average.

On Sept. 06, 2019, BEST Inc. (NYSE:BEST), a leading integrated smart supply chain solutions and logistics services provider in China, disclosed that it will hold its 2019 annual general meeting of shareholders at Xiyuan 3+4 Hall, 2/F, International Conference Center,Sheraton Grand Hangzhou Wetland Park Resort, 1 Westbrook Resort, Zijingang Road, Hangzhou, Zhejiang Province, People’s Republic of China at 10:00 a.m. (Beijing time) on October 21, 2019.

No proposal will be submitted for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders to discuss Company affairs with management. The chairman of the AGM will conduct and lead the AGM and may accept questions from shareholders at his sole and absolute discretion.

The board of directors of the Company has fixed the close of business on September 20, 2019 (Eastern Daylight Time) as the record date (the Record Date) for determining the shareholders entitled to receive notice of and attend the annual general meeting or any adjournment or postponement thereof.  Holders of record of the Company’s ordinary shares at the close of business on the Record Date are entitled to attend the annual general meeting and any adjournment or postponement thereof in person.  The Services sector company, BEST Inc. noticed change of 11.59% to $5.49 along volume of 2085319 shares in recent session compared to an average volume of 686.51K. The stock observed return of 27.38% in 5 days trading activity. The stock was at 12.73% over one month performance. BEST’s shares are at 24.49% for the quarter and driving a -19.50% return over the course of the past year and is now at 33.58% since this point in 2018.   The average volatility for the week at 8.05% and for month was at 6.11%. There are 386.23M shares outstanding and 166.79M shares are floated in market. 

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