Zacks: China Shipping Development Co Ltd (CSDXY) Given Consensus Rating of “Strong Buy” by Brokerages
Shares of China Shipping Development Co Ltd (NASDAQ:CSDXY) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Zacks has also assigned China Shipping Development Co an industry rank of 213 out of 265 based on the ratings given to related companies.
China Shipping Development Co (NASDAQ:CSDXY) remained flat at $30.76 during mid-day trading on Wednesday. 94 shares of the company’s stock were exchanged. The company has a market cap of $2.48 billion and a PE ratio of 12.06. The firm’s 50 day moving average is $29.89 and its 200 day moving average is $32.91. China Shipping Development Co has a 1-year low of $28.45 and a 1-year high of $38.00.
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China Shipping Development Co Company Profile
China Shipping Development Company Limited is a shipping company. The Company’s principal activities consist of investment holding, and the shipment of oil and cargoes along the coast of People’s Republic of China (PRC) and internationally. The Company’s segments include oil shipment and dry bulk shipment.
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