Mitsui O.S.K. Lines (OTCMKTS:MSLOY) Shares Gap Down – What’s Next?

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY – Get Free Report)’s stock price gapped down before the market opened on Friday. The stock had previously closed at $24.20, but opened at $20.5550. Mitsui O.S.K. Lines shares last traded at $20.56, with a volume of 6,130 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Mitsui O.S.K. Lines from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 19th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Mitsui O.S.K. Lines presently has an average rating of “Hold”.

Check Out Our Latest Research Report on Mitsui O.S.K. Lines

Mitsui O.S.K. Lines Price Performance

The stock has a 50 day moving average of $23.01 and a 200-day moving average of $19.53.

About Mitsui O.S.K. Lines

(Get Free Report)

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) is a Japan-based global transportation and logistics company that operates ocean-going vessels and provides related services. Its activities include the transportation of automobiles, dry bulk commodities, crude oil, petroleum products, chemicals, liquefied natural gas and other energy resources.

The company also provides logistics and supply-chain services, including marine transport, terminal operations and offshore-related services. MOL operates a diverse fleet and serves customers across major international trade routes, connecting Japan and other parts of Asia with North America, Europe, the Middle East, Africa and other global markets.

MOL traces its origins to Osaka Shosen Kaisha, established in 1884.

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