COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $8.70, but opened at $8.46. COSCO SHIPPING shares last traded at $8.46, with a volume of 321 shares.
Analyst Upgrades and Downgrades
Separately, Citigroup cut shares of COSCO SHIPPING from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, June 24th.
Get Our Latest Stock Analysis on CICOY
COSCO SHIPPING Stock Performance
The stock's fifty day moving average price is $8.67 and its 200 day moving average price is $7.93. 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 firm also recently announced a dividend, which will be paid on Monday, July 14th. Shareholders of record on Tuesday, June 3rd will be issued a dividend of $0.5456 per share. This represents a yield of 8.88%. This is a boost from COSCO SHIPPING's previous dividend of $0.28. The ex-dividend date is Monday, June 2nd.
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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