Zacks Investment Research upgraded shares of Cosco Shipping Hol (OTCMKTS:CICOY) from a sell rating to a hold rating in a research report released on Tuesday.

According to Zacks, “China COSCO Holdings Company Limited is engaged in providing container shipping, dry bulk shipping, logistics services, terminal and container leasing for both international and domestic customers. The company engages in the management and operation of container terminals; provision of integrated logistics services, including third party logistics shipping agency and freight forwarding; and container manufacturing business. China COSCO Holdings Company Limited is based in Tianjin, the People’s Republic of China. “

Separately, ValuEngine raised shares of Cosco Shipping Hol from a hold rating to a buy rating in a research note on Wednesday, January 3rd.

Shares of Cosco Shipping Hol (OTCMKTS:CICOY) remained flat at $$2.80 during trading hours on Tuesday. Cosco Shipping Hol has a 52 week low of $1.79 and a 52 week high of $3.44. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.98 and a quick ratio of 0.92.

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About Cosco Shipping Hol

COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, container terminals managing and operating, and container leasing businesses worldwide. It offers container transportation, container stack, cargo storage, vessel management and manning, freight forwarding and transportation, shipping agency, marine, vessel owning and chartering, and other international sea transport services, as well as management and financing services.

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