COSCO SHIPPING (OTCMKTS:CICOY) Share Price Passes Above Fifty Day Moving Average of $5.30

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY – Get Rating)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.30 and traded as high as $5.67. COSCO SHIPPING shares last traded at $5.54, with a volume of 2,084 shares traded.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group initiated coverage on COSCO SHIPPING in a research note on Thursday, December 1st. They issued a “sell” rating on the stock.

COSCO SHIPPING Trading Up 2.3 %

The firm has a fifty day simple moving average of $5.30 and a 200-day simple moving average of $5.57.

COSCO SHIPPING Company Profile

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COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, container terminals, and other terminal related businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally. The company operates through Container Shipping Business and Terminal Business segments.