COSCO SHIPPING (OTCMKTS:CICOY) Shares Gap Down – Time to Sell?

COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOYGet Free Report) shares gapped down prior to trading 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.

COSCO SHIPPING Trading Up 1.7%

The company has a debt-to-equity ratio of 0.09, a current ratio of 1.51 and a quick ratio of 1.45. The business has a 50-day moving average price of $10.16 and a 200 day moving average price of $9.67.

About COSCO SHIPPING

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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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