Shares of COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $11.10, but opened at $10.75. COSCO SHIPPING shares last traded at $10.75, with a volume of 401 shares traded.
COSCO SHIPPING Trading Down 3.2%
The business’s 50 day moving average price is $9.55 and its 200-day moving average price is $9.51. The company has a current ratio of 1.51, a quick ratio of 1.45 and a debt-to-equity ratio of 0.09.
Institutional Investors Weigh In On COSCO SHIPPING
An institutional investor recently bought a new position in COSCO SHIPPING stock. Pinnacle Holdings LLC purchased a new stake in COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,100 shares of the company’s stock, valued at approximately $77,000.
About COSCO SHIPPING
COSCO SHIPPING (OTCMKTS:CICOY) is the international trading name of a major Chinese state-owned integrated shipping and logistics company. The firm provides ocean transport and related maritime services across a broad range of cargo types, and it operates as part of China’s strategic shipping sector. The company’s activities cover container liner shipping, dry bulk and tanker services, terminal operations, and integrated logistics solutions that support global trade flows.
Core services include scheduled container shipping on major east–west and regional trade lanes, bulk carrier and tanker operations for commodity transport, and ownership or management of port terminals and stevedoring facilities.
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