Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $24.20, but opened at $20.5550. Mitsui O.S.K. Lines shares last traded at $20.56, with a volume of 6,130 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research downgraded shares of Mitsui O.S.K. Lines from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, Mitsui O.S.K. Lines presently has an average rating of “Hold”.
View Our Latest Research Report on MSLOY
Mitsui O.S.K. Lines Stock Performance
The business’s 50 day moving average price is $23.01 and its 200 day moving average price is $19.53.
About Mitsui O.S.K. Lines
Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) is a Japan-based global transportation and logistics company that operates ocean-going vessels and provides related services. Its activities include the transportation of automobiles, dry bulk commodities, crude oil, petroleum products, chemicals, liquefied natural gas and other energy resources.
The company also provides logistics and supply-chain services, including marine transport, terminal operations and offshore-related services. MOL operates a diverse fleet and serves customers across major international trade routes, connecting Japan and other parts of Asia with North America, Europe, the Middle East, Africa and other global markets.
MOL traces its origins to Osaka Shosen Kaisha, established in 1884.
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