COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY - Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $7.87, but opened at $8.08. COSCO SHIPPING shares last traded at $7.86, with a volume of 2,844 shares traded.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on CICOY shares. Zacks Research lowered shares of COSCO SHIPPING from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. Citigroup downgraded COSCO SHIPPING from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, June 24th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, COSCO SHIPPING currently has a consensus rating of "Reduce".
Get Our Latest Report on COSCO SHIPPING
COSCO SHIPPING Stock Performance
The company's 50 day moving average is $9.09 and its 200-day moving average is $8.46. 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 Cuts Dividend
The business also recently announced a dividend, which will be paid on Monday, November 10th. Investors of record on Thursday, September 25th will be paid a dividend of $0.2832 per share. The ex-dividend date of this dividend is Wednesday, September 24th. This represents a yield of 1,282.0%.
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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