Shares of COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY – Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $10.40 and traded as high as $10.49. COSCO SHIPPING shares last traded at $10.49, with a volume of 7,062 shares changing hands.
COSCO SHIPPING Price Performance
The business’s 50-day simple moving average is $10.42 and its two-hundred day simple moving average is $9.73.
About COSCO SHIPPING
COSCO SHIPPING Holdings Co, Ltd. is a China-based transportation and logistics company focused primarily on container shipping and related port operations. Through its container shipping business, the company provides international and domestic ocean freight services for manufactured goods, raw materials and other cargo, serving major trade routes and connecting ports across Asia, Europe, the Americas, Africa and Oceania.
The company also participates in port terminal investment and operations, providing services such as container handling, cargo transfer and related logistics support.
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