COSCO SHIPPING Energy Transportation (OTCMKTS:CSDXF) Trading 17.5% Higher – Should You Buy?

Shares of COSCO SHIPPING Energy Transportation Co., Ltd. (OTCMKTS:CSDXFGet Free Report) shot up 17.5% during mid-day trading on Thursday . The company traded as high as $1.3450 and last traded at $1.3450. 100 shares traded hands during trading, a decline of 95% from the average session volume of 1,825 shares. The stock had previously closed at $1.1450.

COSCO SHIPPING Energy Transportation Trading Up 17.5%

The stock’s 50-day moving average price is $1.08 and its 200-day moving average price is $0.91.

About COSCO SHIPPING Energy Transportation

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COSCO SHIPPING Energy Transportation Co, Ltd., an investment holding company, engages in the shipment of oil, liquefied natural gas (LNG), and chemicals along the coast of the People’s Republic of China and internationally. It operates in Oil Shipment and LNG segments. The company also engages in the chartering of vessels; shipment of liquefied petroleum gas; and provision of shipping agency services.

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