COSCO SHIPPING (CICOF) to Release Quarterly Earnings on Thursday

COSCO SHIPPING (OTCMKTS:CICOF) will likely be releasing its results before the market opens on Thursday, March 19th. Analysts expect the company to announce earnings of $0.1458 per share and revenue of $7.2859 billion for the quarter.

COSCO SHIPPING Stock Performance

COSCO SHIPPING stock opened at $1.98 on Wednesday. The company has a 50-day moving average price of $1.82 and a 200 day moving average price of $1.74. COSCO SHIPPING has a 12-month low of $1.14 and a 12-month high of $2.08.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered shares of COSCO SHIPPING from a “neutral” rating to a “sell” rating in a report on Thursday, December 18th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

COSCO SHIPPING Company Profile

COSCO SHIPPING (OTCMKTS:CICOF) is a global integrated shipping enterprise specializing in container liner services, bulk cargo transportation and comprehensive logistics solutions. As one of the world’s leading container carriers, the company operates a modern fleet of container vessels, dry bulk carriers and multipurpose ships. Its core offerings include scheduled liner services across key trade lanes, chartering services, ship management and terminal operations.

The company delivers end-to-end supply chain support through its logistics arm, which provides warehousing, inland transportation, freight forwarding and intermodal container services.