COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY - Get Free Report) saw strong trading volume on Thursday . 24,870 shares traded hands during trading, an increase of 347% from the previous session's volume of 5,566 shares.The stock last traded at $9.50 and had previously closed at $9.74.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group cut shares of COSCO SHIPPING from a "hold" rating to a "strong sell" rating in a research report on Thursday, December 18th. Two investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Reduce".
Check Out Our Latest Research Report on COSCO SHIPPING
COSCO SHIPPING Price Performance
The company has a current ratio of 1.56, a quick ratio of 1.50 and a debt-to-equity ratio of 0.11. The business has a fifty day moving average of $9.25 and a 200 day moving average of $8.81.
About COSCO SHIPPING
(
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COSCO SHIPPING OTCMKTS: CICOY is the international trading name of a major Chinese state-owned integrated shipping and logistics company. The firm provides ocean transport and related maritime services across a broad range of cargo types, and it operates as part of China's strategic shipping sector. The company's activities cover container liner shipping, dry bulk and tanker services, terminal operations, and integrated logistics solutions that support global trade flows.
Core services include scheduled container shipping on major east–west and regional trade lanes, bulk carrier and tanker operations for commodity transport, and ownership or management of port terminals and stevedoring facilities.
Further Reading
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