ORIENT Ovs Intl/ADR (OROVY) Cut to “Hold” at Zacks Investment Research
Zacks Investment Research cut shares of ORIENT Ovs Intl/ADR (OTCMKTS:OROVY) from a buy rating to a hold rating in a report released on Friday.
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. “
OROVY opened at $49.63 on Friday. The company has a quick ratio of 2.12, a current ratio of 2.20 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $6.21 billion, a price-to-earnings ratio of 45.12, a PEG ratio of -13.79 and a beta of 0.68. ORIENT Ovs Intl/ADR has a 12-month low of $49.43 and a 12-month high of $49.63.
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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