COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $9.69 and traded as low as $9.25. COSCO SHIPPING shares last traded at $9.43, with a volume of 1,411 shares.
Analysts Set New Price Targets
Separately, Zacks Research raised COSCO SHIPPING to a "hold" rating in a research note on Tuesday, April 14th. Two equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Reduce".
View Our Latest Stock Report on CICOY
COSCO SHIPPING Stock Performance
The business has a 50 day moving average price of $9.69 and a 200 day moving average price of $9.07. The company has a quick ratio of 1.45, a current ratio of 1.51 and a debt-to-equity ratio of 0.09.
COSCO SHIPPING Company Profile
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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.
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