COSCO SHIPPING (CICOY) Projected to Post Quarterly Earnings on Friday

COSCO SHIPPING (OTCMKTS:CICOYGet Free Report) will likely be releasing its results after the market closes on Friday, August 28th. Analysts expect the company to announce earnings of $0.2341 per share and revenue of $8.00 billion for the quarter.

COSCO SHIPPING Price Performance

OTCMKTS:CICOY opened at $10.93 on Thursday. The stock’s 50-day moving average is $9.50 and its 200-day moving average is $9.49. COSCO SHIPPING has a 1-year low of $7.43 and a 1-year high of $11.55. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.45 and a current ratio of 1.51.

About COSCO SHIPPING

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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.

Further Reading

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