The Goldman Sachs Group Upgrades COSCO SHIPPING (OTCMKTS:CICOF) to Neutral

COSCO SHIPPING (OTCMKTS:CICOF) was upgraded by analysts at The Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued on Wednesday, Briefing.com reports.

COSCO SHIPPING Stock Performance

Shares of OTCMKTS:CICOF traded up $0.04 on Wednesday, hitting $1.68. 1,144 shares of the company were exchanged, compared to its average volume of 4,752. The company’s 50 day moving average price is $1.32 and its two-hundred day moving average price is $1.39. COSCO SHIPPING has a one year low of $0.88 and a one year high of $1.89.

About COSCO SHIPPING

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.