COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $9.98, but opened at $9.6350. COSCO SHIPPING shares last traded at $9.6350, with a volume of 177 shares traded.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group lowered COSCO SHIPPING from a "hold" rating to a "strong sell" rating in a research note on Thursday, December 18th. Two analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, COSCO SHIPPING has an average rating of "Reduce".
Read Our Latest Stock Analysis on CICOY
COSCO SHIPPING Price Performance
The company has a 50 day simple moving average of $9.55 and a 200-day simple moving average of $8.92.
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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