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COSCO SHIPPING (OTCMKTS:CICOY) Share Price Passes Above 50 Day Moving Average - Should You Sell?

COSCO SHIPPING logo with Transportation background

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $7.87 and traded as high as $9.30. COSCO SHIPPING shares last traded at $9.29, with a volume of 3,236 shares changing hands.

COSCO SHIPPING Stock Performance

The company has a current ratio of 1.61, a quick ratio of 1.55 and a debt-to-equity ratio of 0.11. The business has a 50 day simple moving average of $7.92 and a two-hundred day simple moving average of $7.73.

COSCO SHIPPING Increases Dividend

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

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.

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