Zacks Investment Research Downgrades ORIENT OVS INTL/ADR (OROVY) to Hold

Zacks Investment Research downgraded shares of ORIENT OVS INTL/ADR (OTCMKTS:OROVY) from a buy rating to a hold rating in a research report released on Saturday morning.

According to Zacks, “Orient Overseas (International) Limited through its subsidiaries operates as a provider of container transport and logistics services. Its principal business activities include container transport and logistics services, ports and terminals, and property investment. The Company also provides freight management services, extensive domestic distribution services and supply-chain management. It also operates container terminals which forms an integral part of its international containerized transportation business. Orient Overseas (International) Limited is headquartered in Wanchai, Hong Kong. “

Shares of ORIENT OVS INTL/ADR stock opened at $49.63 on Friday. ORIENT OVS INTL/ADR has a 12-month low of $49.43 and a 12-month high of $49.63. The company has a market cap of $6.21 billion, a PE ratio of 45.12, a P/E/G ratio of 20.51 and a beta of 0.48. The company has a current ratio of 2.20, a quick ratio of 2.12 and a debt-to-equity ratio of 0.78.

ORIENT OVS INTL/ADR Company Profile

Orient Overseas (International) Limited, an investment holding company, provides container transportation and logistics services worldwide. The company offers trunk and intermodal services; freight management services and IT solutions; supply-chain management and distribution services; and containerized shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades.

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