COSCO SHIPPING (CICOY) to Announce Earnings on Thursday

COSCO SHIPPING (OTCMKTS:CICOY - Get Free Report) is projected to release its resultson Thursday, March 19th. Analysts expect COSCO SHIPPING to post earnings of $0.7240 per share and revenue of $15.3162 billion for the quarter.Get COSCO SHIPPING alerts:COSCO SHIPPING Price PerformanceShares of OTCMKTS CICOY opened at $9.66 on Thursday. The business has a fifty day moving average price of $9.04 and a two-hundred day moving average price of $8.75. The company has a quick ratio of 1.50, a current ratio of 1.56 and a debt-to-equity ratio of 0.11. COSCO SHIPPING has a fifty-two week low of $6.28 and a fifty-two week high of $10.51. Analysts Set New Price TargetsSeparately, The Goldman Sachs Group cut COSCO SHIPPING from a "hold" rating to a "strong sell" rating in a research report on Thursday, December 18th. Two research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Reduce".Read Our Latest Analysis on CICOYCOSCO SHIPPING Company Profile (Get Free Report)COSCO SHIPPING OTCMKTS: CICOY is the international trading name of a major Chinese state-owned integrated shipping and logistics company. The firm provides ocean transport and related maritime services across a broad range of cargo types, and it operates as part of China's strategic shipping sector. The company's activities cover container liner shipping, dry bulk and tanker services, terminal operations, and integrated logistics solutions that support global trade flows. Core services include scheduled container shipping on major east–west and regional trade lanes, bulk carrier and tanker operations for commodity transport, and ownership or management of port terminals and stevedoring facilities.See AlsoFive stocks we like better than COSCO SHIPPINGWhat a Former CIA Agent Knows About the Coming CollapseI tried out Elon Musk’s new AI tech — it floored me“I just bought 10,000 shares of a $5 stock…”The Next Commodity Crunch (bigger than oil?)Nvidia CEO Issues Bold Tesla CallThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in COSCO SHIPPING Right Now?Before you consider COSCO SHIPPING, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and COSCO SHIPPING wasn't on the list.While COSCO SHIPPING currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here