COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) hit a new 52-week high on Thursday . The stock traded as high as $12.75 and last traded at $12.50, with a volume of 11237 shares. The stock had previously closed at $11.10.
Separately, Zacks Investment Research downgraded COSCO SHIPPING from a “buy” rating to a “hold” rating in a report on Monday, May 3rd.
The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 0.93. The stock’s fifty day simple moving average is $9.47. The firm has a market capitalization of $25.54 billion, a P/E ratio of 18.81 and a beta of 1.83.
COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, container terminals, and other businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally. The company operates through Container Shipping Business, Container Terminal Business, and Corporate and Other Operations segments.
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