COSCO SHIPPING (OTCMKTS:CICOY) Sees Unusually-High Trading Volume – Time to Buy?

COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (OTCMKTS:CICOYGet Free Report) saw strong trading volume on Tuesday . Approximately 21,492 shares changed hands during mid-day trading, an increase of 156% from the previous session’s volume of 8,395 shares.The stock last traded at $10.90 and had previously closed at $10.94.

COSCO SHIPPING Trading Down 0.8%

The stock’s 50 day simple moving average is $9.64 and its 200-day simple moving average is $9.54. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.45 and a current ratio of 1.51.

COSCO SHIPPING Company Profile

(Get Free Report)

COSCO SHIPPING (OTCMKTS:CICOY) is the international trading name of a major Chinese state-owned integrated shipping and logistics company. The firm provides ocean transport and related maritime services across a broad range of cargo types, and it operates as part of China’s strategic shipping sector. The company’s activities cover container liner shipping, dry bulk and tanker services, terminal operations, and integrated logistics solutions that support global trade flows.

Core services include scheduled container shipping on major east–west and regional trade lanes, bulk carrier and tanker operations for commodity transport, and ownership or management of port terminals and stevedoring facilities.

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