COSCO SHIPPING (OTCMKTS:CICOY) Stock Crosses Above 50-Day Moving Average – Should You Sell?

COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOYGet Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.30 and traded as high as $7.91. COSCO SHIPPING shares last traded at $7.85, with a volume of 13,938 shares changing hands.

COSCO SHIPPING Stock Performance

The company has a debt-to-equity ratio of 0.11, a current ratio of 1.61 and a quick ratio of 1.55. The company has a 50-day simple moving average of $7.32 and a 200 day simple moving average of $7.46.

COSCO SHIPPING Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, November 12th. Investors of record on Wednesday, October 9th will be given a dividend of $0.2787 per share. The ex-dividend date is Wednesday, October 9th. This is a positive change from COSCO SHIPPING’s previous dividend of $0.13.

About COSCO SHIPPING

(Get Free Report)

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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