Free Trial

COSCO SHIPPING (OTCMKTS:CICOY) Shares Gap Up - Still a Buy?

COSCO SHIPPING logo with Transportation background

COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $8.61, but opened at $8.90. COSCO SHIPPING shares last traded at $8.90, with a volume of 269 shares trading hands.

COSCO SHIPPING Trading Down 0.6%

The stock has a 50-day simple moving average of $8.16 and a two-hundred day simple moving average of $7.81. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.63 and a current ratio of 1.68.

COSCO SHIPPING Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, July 14th. Stockholders of record on Tuesday, June 3rd will be issued a $0.5456 dividend. The ex-dividend date is Monday, June 2nd. This represents a dividend yield of 8.88%. This is an increase from COSCO SHIPPING's previous dividend of $0.28.

About COSCO SHIPPING

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in COSCO SHIPPING Right Now?

Before you consider COSCO SHIPPING, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and COSCO SHIPPING wasn't on the list.

While COSCO SHIPPING currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why AMD Stock Beats NVIDIA Right Now
Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now
Palantir at All-Time Highs: Take Profits or Hold the Line?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines