COSCO SHIPPING (OTCMKTS:CICOY) Share Price Passes Below Fifty Day Moving Average – Here’s Why

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOYGet Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $7.66 and traded as low as $7.22. COSCO SHIPPING shares last traded at $7.22, with a volume of 4,253 shares traded.

COSCO SHIPPING Trading Down 7.0 %

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.55 and a current ratio of 1.61. The firm’s 50 day moving average is $7.66 and its two-hundred day moving average is $7.44.

About COSCO SHIPPING

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COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, managing and operating container terminals, and other terminal related businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally. It operates through Container Shipping Business and Terminal Business segments.

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