Shares of International Container Terminal Services, Inc. (OTCMKTS:ICTEF) fell 4.3% during trading on Friday . The company traded as low as $3.78 and last traded at $3.78. 2,723 shares traded hands during mid-day trading, an increase of 218% from the average session volume of 856 shares. The stock had previously closed at $3.95.
Separately, JPMorgan Chase & Co. began coverage on shares of International Container Terminal Services in a research report on Friday, December 3rd. They issued an “overweight” rating for the company.
The business’s 50-day moving average price is $3.90 and its 200 day moving average price is $3.08.
International Container Terminal Services, Inc engages in developing, acquiring, owning, and operating common-user container terminals for cargo handling and services. It operates through the following geographical segments: Asia; Europe, Middle East and Africa (EMEA); and Americas. The Asia segment includes operations of Manila International Container Terminal, and other ports throughout the Philippines, Indonesia, China, Pakistan, Australia, and Papua New Guinea.
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