Cosco Shipping Hol (CICOY) Upgraded to “Buy” at ValuEngine

ValuEngine upgraded shares of Cosco Shipping Hol (OTCMKTS:CICOY) from a hold rating to a buy rating in a research report sent to investors on Wednesday morning.

Separately, Zacks Investment Research raised Cosco Shipping Hol from a hold rating to a buy rating and set a $3.50 target price for the company in a report on Tuesday, September 19th.

Cosco Shipping Hol (CICOY) traded up $0.05 during trading on Wednesday, hitting $2.80. The stock had a trading volume of 620 shares, compared to its average volume of 542. Cosco Shipping Hol has a fifty-two week low of $1.79 and a fifty-two week high of $3.44. The company has a quick ratio of 0.92, a current ratio of 0.98 and a debt-to-equity ratio of 0.99.

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Cosco Shipping Hol Company Profile

COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, container terminals managing and operating, and container leasing businesses worldwide. It offers container transportation, container stack, cargo storage, vessel management and manning, freight forwarding and transportation, shipping agency, marine, vessel owning and chartering, and other international sea transport services, as well as management and financing services.

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