Shares of COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY – Get Free Report) dropped 5.6% during trading on Wednesday . The stock traded as low as $10.33 and last traded at $10.33. 2,201 shares changed hands during trading, a decline of 75% from the average session volume of 8,672 shares. The stock had previously closed at $10.9444.
COSCO SHIPPING Stock Up 3.1%
The firm’s 50 day simple moving average is $9.77 and its 200 day simple moving average is $9.58. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.45 and a current ratio of 1.51.
About COSCO SHIPPING
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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