Skandinaviska Enskilda Banken AB publ Has $488,000 Stake in BEST Inc. (NYSE:BEST)

Skandinaviska Enskilda Banken AB publ increased its position in shares of BEST Inc. (NYSE:BEST) by 5.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 184,206 shares of the company’s stock after purchasing an additional 9,243 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in BEST were worth $488,000 as of its most recent filing with the Securities and Exchange Commission.

BEST Price Performance

BEST stock opened at $2.81 on Tuesday. BEST Inc. has a fifty-two week low of $1.85 and a fifty-two week high of $2.82. The stock has a market capitalization of $56.37 million, a price-to-earnings ratio of -0.53 and a beta of 0.85. The business’s fifty day moving average price is $2.75 and its two-hundred day moving average price is $2.71.

About BEST

BEST Inc operates as a smart supply chain service provider in the People's Republic of China. Its proprietary technology platform, BEST Cloud, enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company applies its technologies to a range of applications, such as network and route optimization, swap bodies, sorting line automation, smart warehouses, and store management.