COSCO SHIPPING (CICOY) Expected to Announce Earnings on Monday

COSCO SHIPPING (OTCMKTS:CICOY) is expected to release its resultson Monday, April 27th. Analysts expect COSCO SHIPPING to post earnings of $0.0277 per share and revenue of $5.1945 billion for the quarter.

COSCO SHIPPING Stock Performance

Shares of OTCMKTS CICOY opened at $9.51 on Friday. 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 simple moving average of $9.65 and a two-hundred day simple moving average of $9.00. COSCO SHIPPING has a fifty-two week low of $7.11 and a fifty-two week high of $10.51.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised COSCO SHIPPING to a “hold” rating in a report on Tuesday, April 14th. Two research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

COSCO SHIPPING Company Profile

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.