Separately, Zacks Investment Research cut shares of COSCO SHIPPING/ADR from a hold rating to a sell rating in a report on Monday, September 16th.
CICOY stock opened at $1.78 on Thursday. COSCO SHIPPING/ADR has a fifty-two week low of $1.63 and a fifty-two week high of $2.39. The firm’s 50-day simple moving average is $1.84 and its 200 day simple moving average is $1.94. The stock has a market cap of $3.64 billion, a PE ratio of 22.25 and a beta of 0.98.
COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, container terminals, and other businesses worldwide. The company operates Container Shipping and Related Business, Container Terminal and Related Business, and Corporate and Other Operations segments. It offers container transportation, container stack, cargo storage, shipping agency, freight forwarding and transportation, logistics, vessel chartering, marine, document, vessel management and manning, liner agency, vessel owning, and other international sea transportation services.
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