Shares of Qube Holdings Limited (OTCMKTS:QUBHF – Get Free Report) shot up 9.3% during mid-day trading on Wednesday . The company traded as high as $3.57 and last traded at $3.57. 6,000 shares were traded during mid-day trading, an increase of 11% from the average session volume of 5,411 shares. The stock had previously closed at $3.2675.
Qube Stock Up 9.3%
The stock’s 50 day moving average is $3.37 and its 200-day moving average is $3.32.
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.
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