Orient Overseas International (OTCMKTS:OROVY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Orient Overseas International (OTCMKTS:OROVY) to a hold rating in a report issued on Tuesday morning,Zacks.com reports.

Orient Overseas International Stock Performance

Orient Overseas International stock opened at $90.73 on Tuesday. The business has a 50-day simple moving average of $90.32 and a two-hundred day simple moving average of $85.07. Orient Overseas International has a 52-week low of $66.62 and a 52-week high of $98.70.

About Orient Overseas International

Orient Overseas International Ltd is a Hong Kong–based investment holding company with core interests in maritime transport and related logistics services. Through its principal operating subsidiary, Orient Overseas Container Line (OOCL), the group specializes in international container shipping, offering scheduled services across major east–west and north–south trade routes. The company’s operations encompass vessel chartering, container manufacturing, terminal management and intermodal transport solutions.

Founded from roots dating back to the mid-20th century maritime expansion in Asia, Orient Overseas International has grown into a global operator serving ports in Asia, Europe, North America, Latin America, the Middle East and Australasia.