Orient Overseas International (OTCMKTS:OROVY) Rating Increased to Hold at Zacks Research

Orient Overseas International (OTCMKTS:OROVY) was upgraded by Zacks Research to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Orient Overseas International Price Performance

Shares of Orient Overseas International stock opened at $90.73 on Tuesday. The company has a fifty day moving average price of $90.32 and a 200 day moving average price of $85.07. Orient Overseas International has a twelve month low of $66.62 and a twelve month high of $98.70.

About Orient Overseas International

Orient Overseas International Ltd is a Hong Kong–based investment holding company with core interests in maritime transport and related logistics services. Through its principal operating subsidiary, Orient Overseas Container Line (OOCL), the group specializes in international container shipping, offering scheduled services across major east–west and north–south trade routes. The company’s operations encompass vessel chartering, container manufacturing, terminal management and intermodal transport solutions.

Founded from roots dating back to the mid-20th century maritime expansion in Asia, Orient Overseas International has grown into a global operator serving ports in Asia, Europe, North America, Latin America, the Middle East and Australasia.