COSCO SHIPPING (OTCMKTS:CICOY) Shares Gap Down – Here’s Why
by Sarita Garza · The Markets DailyCOSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $10.65, but opened at $10.30. COSCO SHIPPING shares last traded at $10.41, with a volume of 2,210 shares traded.
COSCO SHIPPING Stock Up 0.9%
The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.45 and a current ratio of 1.51. The business has a 50 day moving average price of $10.09 and a two-hundred day moving average price of $9.65.
COSCO SHIPPING Company Profile
COSCO SHIPPING Holdings Co, Ltd. is a China-based international container transportation and port operations company. Through its COSCO SHIPPING Lines business, the company provides ocean freight services for containerized cargo, serving major trade routes that connect Asia with Europe, North America, the Mediterranean, Africa, Latin America and other global markets.
The company’s services include scheduled container shipping, cargo booking, equipment management and related logistics support.