COSCO SHIPPING/ADR (OTCMKTS:CICOY) Downgraded by Zacks Investment Research to “Sell”

Share on StockTwits

Zacks Investment Research downgraded shares of COSCO SHIPPING/ADR (OTCMKTS:CICOY) from a hold rating to a sell rating in a research note published on Monday morning, Zacks.com reports.

According to Zacks, “China COSCO Holdings Company Limited is engaged in providing container shipping, dry bulk shipping, logistics services, terminal and container leasing for both international and domestic customers. The company engages in the management and operation of container terminals; provision of integrated logistics services, including third party logistics shipping agency and freight forwarding; and container manufacturing business. China COSCO Holdings Company Limited is based in Tianjin, the People’s Republic of China. “

Shares of CICOY opened at $1.90 on Monday. The firm has a 50 day simple moving average of $1.76 and a 200-day simple moving average of $1.97. COSCO SHIPPING/ADR has a 1-year low of $1.63 and a 1-year high of $2.39.

COSCO SHIPPING/ADR Company Profile

COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, container terminals, and other businesses worldwide. The company operates Container Shipping and Related Business, Container Terminal and Related Business, and Corporate and Other Operations segments. It offers container transportation, container stack, cargo storage, shipping agency, freight forwarding and transportation, logistics, vessel chartering, marine, document, vessel management and manning, liner agency, vessel owning, and other international sea transportation services.

Featured Story: Do equity income investments outperform growth and income investments?

Get a free copy of the Zacks research report on COSCO SHIPPING/ADR (CICOY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for COSCO SHIPPING/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for COSCO SHIPPING/ADR and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Delta Apparel, Inc.  Sees Significant Decrease in Short Interest
Delta Apparel, Inc. Sees Significant Decrease in Short Interest
Intelligent Systems Co.  Sees Large Growth in Short Interest
Intelligent Systems Co. Sees Large Growth in Short Interest
Vietnam Enterprise Investments  Stock Price Up 0.4%
Vietnam Enterprise Investments Stock Price Up 0.4%
Chesapeake Gold  Stock Price Up 1.7%
Chesapeake Gold Stock Price Up 1.7%
Creightons  Stock Price Up 1.4%
Creightons Stock Price Up 1.4%
Costar Technologies  Trading Down 5%
Costar Technologies Trading Down 5%


© 2006-2019 Ticker Report