ORIENT O/SEAS INTL (OROVY) Upgraded to Buy by Zacks Investment Research
ORIENT O/SEAS INTL (OTCMKTS:OROVY) was upgraded by Zacks Investment Research from a “sell” rating to a “buy” rating in a note issued to investors on Thursday. The brokerage presently has a $54.00 target price on the stock. Zacks Investment Research‘s target price indicates a potential upside of 12.88% from the stock’s current price.
According to Zacks, “Orient Overseas (International) Limited through its subsidiaries operates as a provider of container transport and logistics services. Its principal business activities include container transport and logistics services, ports and terminals, and property investment. The Company also provides freight management services, extensive domestic distribution services and supply-chain management. It also operates container terminals which forms an integral part of its international containerized transportation business. Orient Overseas (International) Limited is headquartered in Wanchai, Hong Kong. “
ORIENT O/SEAS INTL (OTCMKTS:OROVY) opened at $47.84 on Thursday. ORIENT O/SEAS INTL has a 1 year low of $24.96 and a 1 year high of $47.84. The company has a current ratio of 1.94, a quick ratio of 1.86 and a debt-to-equity ratio of 0.78.
Orient Overseas (International) Limited, an investment holding company, provides container transportation and logistics services worldwide. The company offers trunk and intermodal services; freight management services and IT solutions; supply-chain management and distribution services; and containerized shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades.
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