Shares of COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $9.85 and last traded at $9.50, with a volume of 1064 shares trading hands. The stock had previously closed at $9.38.
Wall Street Analysts Forecast Growth
Separately, Citigroup cut shares of COSCO SHIPPING from a "strong-buy" rating to a "strong sell" rating in a research report on Tuesday, June 24th.
Get Our Latest Analysis on COSCO SHIPPING
COSCO SHIPPING Price Performance
The business's fifty day moving average is $8.87 and its 200-day moving average is $8.00. The company has a quick ratio of 1.63, a current ratio of 1.68 and a debt-to-equity ratio of 0.11.
COSCO SHIPPING Increases Dividend
The business also recently announced a dividend, which was paid on Monday, July 14th. Investors of record on Tuesday, June 3rd were given a dividend of $0.5456 per share. This represents a dividend yield of 8.88%. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from COSCO SHIPPING's previous dividend of $0.28.
About COSCO SHIPPING
(
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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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