COSCO Shipping Energ Trnsptn CoLtd (CSDXY) Given Average Rating of “Strong Buy” by Brokerages
Shares of COSCO Shipping Energ Trnsptn CoLtd (NASDAQ:CSDXY) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Zacks has also given COSCO Shipping Energ Trnsptn CoLtd an industry rank of 205 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research cut COSCO Shipping Energ Trnsptn CoLtd from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 12th.
COSCO Shipping Energ Trnsptn CoLtd (CSDXY) remained flat at $28.53 during mid-day trading on Tuesday. The stock has a market capitalization of $2.30 billion and a P/E ratio of 8.04. The stock’s 50 day moving average is $27.90 and its 200-day moving average is $28.17. COSCO Shipping Energ Trnsptn CoLtd has a one year low of $26.70 and a one year high of $30.76.
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About COSCO Shipping Energ Trnsptn CoLtd
COSCO SHIPPING Energy Transportation Co,Ltd., formerly China Shipping Development Company Limited, is a shipping company mainly engaged in oil products shipping and liquefied natural gas (LNG) shipping. The oil products that the Company ships include crude oil and refined oil products. The Company is also engaged in the shipment of dry bulk goods, such as coal, iron ore and other dry bulk, as well as vessel chartering.
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