COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY – Get Free Report) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 27,196 shares, a growth of 131.1% from the April 15th total of 11,766 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 18,246 shares, the short-interest ratio is presently 1.5 days.
COSCO SHIPPING Price Performance
Shares of OTCMKTS CICOY remained flat at $9.59 during midday trading on Friday. The stock had a trading volume of 1,897 shares, compared to its average volume of 6,945. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.45 and a current ratio of 1.51. COSCO SHIPPING has a 1-year low of $7.43 and a 1-year high of $10.51. The firm has a fifty day simple moving average of $9.67 and a two-hundred day simple moving average of $9.14.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised COSCO SHIPPING to a “hold” rating in a research report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, COSCO SHIPPING currently has a consensus rating of “Reduce”.
COSCO SHIPPING Company Profile
COSCO SHIPPING (OTCMKTS:CICOY) is the international trading name of a major Chinese state-owned integrated shipping and logistics company. The firm provides ocean transport and related maritime services across a broad range of cargo types, and it operates as part of China’s strategic shipping sector. The company’s activities cover container liner shipping, dry bulk and tanker services, terminal operations, and integrated logistics solutions that support global trade flows.
Core services include scheduled container shipping on major east–west and regional trade lanes, bulk carrier and tanker operations for commodity transport, and ownership or management of port terminals and stevedoring facilities.
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