COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY - Get Free Report) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 1,800 shares, a decline of 71.9% from the August 31st total of 6,400 shares. Based on an average daily trading volume, of 6,000 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 6,000 shares, the days-to-cover ratio is presently 0.3 days.
COSCO SHIPPING Price Performance
COSCO SHIPPING stock opened at $7.90 on Thursday. COSCO SHIPPING has a fifty-two week low of $6.28 and a fifty-two week high of $9.90. The stock's fifty day moving average is $8.96 and its two-hundred day moving average is $8.47.
COSCO SHIPPING Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, November 10th. Stockholders of record on Thursday, September 25th will be given a $0.2832 dividend. This represents a dividend yield of 1,282.0%. The ex-dividend date is Wednesday, September 24th.
Analyst Ratings Changes
A number of analysts recently weighed in on the company. Zacks Research downgraded COSCO SHIPPING from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 13th. Citigroup lowered COSCO SHIPPING from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, June 24th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Reduce".
Read Our Latest Analysis on COSCO SHIPPING
About COSCO SHIPPING
(
Get Free Report)
COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, managing and operating container terminals, and other terminal related businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally. It operates through Container Shipping Business and Terminal Business segments.
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