COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $9.85 and last traded at $9.50, with a volume of 1064 shares. The stock had previously closed at $9.38.
Analysts Set New Price Targets
Separately, Citigroup downgraded shares of COSCO SHIPPING from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, June 24th.
Check Out Our Latest Analysis on COSCO SHIPPING
COSCO SHIPPING Trading Up 2.1%
The company has a current ratio of 1.68, a quick ratio of 1.63 and a debt-to-equity ratio of 0.11. The firm's fifty day simple moving average is $8.88 and its two-hundred day simple moving average is $8.02.
COSCO SHIPPING Increases Dividend
The business also recently announced a dividend, which was paid on Monday, July 14th. Stockholders of record on Tuesday, June 3rd were issued a $0.5456 dividend. 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.
COSCO SHIPPING Company Profile
(
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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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