COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY – Get Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $9.80, but opened at $9.20. COSCO SHIPPING shares last traded at $9.39, with a volume of 404 shares traded.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of COSCO SHIPPING to a “hold” rating in a research note on Tuesday, April 14th. Two analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.
Read Our Latest Report on COSCO SHIPPING
COSCO SHIPPING Price Performance
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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