Shares of SITC International Holdings Company Limited (OTCMKTS:SITIY – Get Free Report) were down 8.4% on Thursday. The company traded as low as $11.4625 and last traded at $11.83. Approximately 3,069 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 7,695 shares. The stock had previously closed at $12.9125.
SITC International Stock Performance
The business has a fifty day moving average of $49.42 and a 200 day moving average of $45.67.
SITC International Company Profile
SITC International Holdings Co, Ltd. is a Hong Kong-based logistics and shipping company focused primarily on regional container transportation. The company operates container liner services that connect ports across Asia, with an emphasis on intra-Asia trade routes serving China, Japan, South Korea and Southeast Asia.
In addition to its container shipping operations, SITC provides integrated logistics services, including freight forwarding, warehousing, cargo consolidation, customs-related services, container depots and inland transportation.
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