Mitsui O.S.K. Lines (OTCMKTS:MSLOY) Sets New 1-Year High – Still a Buy?

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY – Get Free Report)’s stock price reached a new 52-week high on Monday. The stock traded as high as $25.3299 and last traded at $25.3299, with a volume of 14,157 shares. The stock had previously closed at $24.20.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Mitsui O.S.K. Lines from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 19th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

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

Mitsui O.S.K. Lines Stock Down 0.2%

The business has a 50 day moving average of $22.94 and a two-hundred day moving average of $19.37.

About Mitsui O.S.K. Lines

(Get Free Report)

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) is a Japan-based global transportation and logistics company that operates ocean-going vessels and provides related services. Its activities include the transportation of automobiles, dry bulk commodities, crude oil, petroleum products, chemicals, liquefied natural gas and other energy resources.

The company also provides logistics and supply-chain services, including marine transport, terminal operations and offshore-related services. MOL operates a diverse fleet and serves customers across major international trade routes, connecting Japan and other parts of Asia with North America, Europe, the Middle East, Africa and other global markets.

MOL traces its origins to Osaka Shosen Kaisha, established in 1884.

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