Brink’s Company Stock Failed To Stage A Recovery But Can The Tide Turn Now
- Date: 04-Nov-2020
- Source: Forbes
- Sector:Financial Markets
- Country:Middle East
Brink’s Company Stock Failed To Stage A Recovery But Can The Tide Turn Now
KIEV, UKRAINE - 2019/01/18: In this photo illustration, the Brink's Security company logo seen ... [+] displayed on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)
LightRocket via Getty Images
We believe that Brink's Company stock (NYSE: BCO), a private security and protection company, may be a good opportunity at the present time. BCO stock trades near $43 currently and it is, in fact, down 53% so far this year (from $91 at the beginning of 2020). It traded at $84 in February 2020 – just before the coronavirus pandemic hit the world – and is currently 50% below that level as well. BCO stock is still trading close to its March lows of around $42. The stock has underperformed the
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