Cosco Shipping Holdings Co traded at 17.42 this Monday August 24th, increasing 0.41 or 2.41 percent since the previous trading session. Looking back, over the last four weeks, Cosco Shipping gained 13.78 percent. Over the last 12 months, its price rose by 9.28 percent. Looking ahead, we forecast Cosco Shipping Holdings Co to be priced at 16.59 by the end of this quarter and at 15.41 in one year, according to Trading Economics global macro models projections and analysts expectations.
COSCO SHIPPING Holdings Co., Ltd., formerly China COSCO Holdings Company Limited, is an investment holding company principally engaged in container shipping and related businesses. The Company is engaged in container shipping, dry bulk shipping, the management and operation of container terminals, container leasing and the provision of logistics services. The Company operates its business through two segments. The Container Shipping segment is engaged in the transportation of goods across the Pacific, Asia and Europe, and other international routes. The Terminal Operation and Investment segment is engaged in the operation and management of ports. The Company is also involved in the management and leasing of containers.