Shares of Kawasaki Kisen Kaisha, Ltd. (OTCMKTS:KAIKY – Get Free Report) dropped 10.4% during mid-day trading on Friday . The company traded as low as $12.20 and last traded at $12.20. Approximately 148 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 1,773 shares. The stock had previously closed at $13.6150.
Kawasaki Kisen Kaisha Price Performance
The stock’s 50 day moving average is $14.51 and its two-hundred day moving average is $14.69.
About Kawasaki Kisen Kaisha
Kawasaki Kisen Kaisha, Ltd., commonly known as “K” Line, is a leading global shipping company headquartered in Tokyo, Japan. The firm offers a comprehensive range of marine transportation services, including container shipping, dry bulk carriers, liquefied natural gas (LNG) transport, and specialized car?carrier vessels. In addition to ocean freight, “K” Line provides integrated logistics solutions, terminal operations, and marine engineering support for offshore and heavy?lift projects.
Founded in 1919 as a division of Kawasaki Heavy Industries, the company has evolved over the past century into one of the world’s major shipping operators.
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