COSCO SHIPPING (OTCMKTS:CICOY) Shares Gap Down – What’s Next?

COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY – Get Free Report) shares gapped down prior to trading on Monday. The stock had previously closed at $10.97, but opened at $10.20. COSCO SHIPPING shares last traded at $10.5650, with a volume of 405 shares trading hands.

COSCO SHIPPING Stock Down 0.1%

The company’s fifty day simple moving average is $10.45 and its 200-day simple moving average is $9.73.

About COSCO SHIPPING

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COSCO SHIPPING Holdings Co, Ltd. is a China-based transportation and logistics company focused primarily on container shipping and related port operations. Through its container shipping business, the company provides international and domestic ocean freight services for manufactured goods, raw materials and other cargo, serving major trade routes and connecting ports across Asia, Europe, the Americas, Africa and Oceania.

The company also participates in port terminal investment and operations, providing services such as container handling, cargo transfer and related logistics support.

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