COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOY – Get Free Report) shares gapped up prior to trading on Friday. The stock had previously closed at $10.4320, but opened at $11.17. COSCO SHIPPING shares last traded at $11.3120, with a volume of 639 shares traded.
COSCO SHIPPING Price Performance
The firm’s fifty day moving average price is $10.73 and its two-hundred day moving average price is $9.70. The company has a current ratio of 1.45, a quick ratio of 1.36 and a debt-to-equity ratio of 0.08.
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 subsidiaries, the company provides ocean transportation for containerized cargo, including manufactured goods, consumer products, industrial materials and other international freight.
The company also participates in the development, operation and management of container terminals in major global ports. Its broader services include supply-chain and logistics solutions, equipment and container-related services, and other activities that support the movement of cargo through international trade routes.
COSCO SHIPPING Holdings is part of China COSCO Shipping Corporation Limited and traces its corporate development to the restructuring of China’s state-owned shipping businesses.
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