PostNL (OTCMKTS:TNTFF) Shares Down 12.7% – Here’s Why

PostNL (OTCMKTS:TNTFF)’s share price dropped 12.7% on Thursday . The company traded as low as $0.92 and last traded at $0.92. Approximately 500 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 600 shares. The stock had previously closed at $1.05.

PostNL Trading Down 12.7 %

The business’s fifty day simple moving average is $1.18 and its 200-day simple moving average is $1.15.

PostNL Company Profile

PostNL N.V. provides postal and logistics services to businesses and consumers in the Netherlands, rest of Europe, and internationally. The company operates through Parcels and Mail in the Netherlands and PostNL Other segments. It collects, sorts, transports, and delivers letters and parcels; and offers data management, direct marketing, and fulfillment services, as well as cross-border mail and parcels solutions.