Mitsui O.S.K. Lines (OTCMKTS:MSLOY) Sets New 12-Month High – Still a Buy?

Shares of Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOYGet Free Report) reached a new 52-week high on Thursday . The company traded as high as $23.9085 and last traded at $23.83, with a volume of 2203 shares changing hands. The stock had previously closed at $22.88.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Mitsui O.S.K. Lines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

View Our Latest Report on Mitsui O.S.K. Lines

Mitsui O.S.K. Lines Trading Up 4.5%

The business’s 50 day simple moving average is $20.14 and its 200 day simple moving average is $19.18.

About Mitsui O.S.K. Lines

(Get Free Report)

Mitsui O.S.K. Lines, Ltd. (MOL) is a Japan-based international transportation and logistics company headquartered in Tokyo. Its principal activities include ocean shipping, marine transportation and related logistics services for customers worldwide.

MOL operates across several shipping segments, including dry bulk carriers, crude oil and product tankers, liquefied natural gas and other energy-related vessels, chemical tankers, car carriers and containership services. The company also provides port and terminal operations, logistics, vessel management and other maritime services.

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