BSTI - Best Inc. - At The Best Price?
The Stock
Best Inc. (BSTI) is engaged in providing supply chain solutions in a range of categories, including: cloud OFCs, which offer warehouse management, in-warehouse processing and order fulfillment services to customers; transportation services, which coordinates shipments to and from locations, regional distribution, intra-city distribution, express delivery, freight forwarding and other transportation services.
Best Inc.'s underlying Q2 results are solid (despite revenue slightly missing guidance), and as such the stock price hammering that Best has received post-IPO (currently down over 50% since reaching its peak in June) presents a buying opportunity:
(Source: Google