COSCO SHIPPING (OTCMKTS:CICOY) Shares Gap Down – Should You Sell?

COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOYGet Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $10.65, but opened at $10.30. COSCO SHIPPING shares last traded at $10.41, with a volume of 2,210 shares changing hands.

COSCO SHIPPING Stock Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.45 and a current ratio of 1.51. The company has a 50 day moving average price of $10.09 and a 200-day moving average price of $9.65.

About COSCO SHIPPING

(Get Free Report)

COSCO SHIPPING Holdings Co, Ltd. is a China-based international container transportation and port operations company. Through its COSCO SHIPPING Lines business, the company provides ocean freight services for containerized cargo, serving major trade routes that connect Asia with Europe, North America, the Mediterranean, Africa, Latin America and other global markets.

The company’s services include scheduled container shipping, cargo booking, equipment management and related logistics support.

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