Mitsui O.S.K. Lines (OTCMKTS:MSLOY) Shares Gap Up – Here’s Why

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY – Get Free Report)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $23.21, but opened at $24.37. Mitsui O.S.K. Lines shares last traded at $24.50, with a volume of 6,515 shares.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Mitsui O.S.K. Lines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating. According to MarketBeat.com, the stock has an average rating of “Strong Buy”.

Check Out Our Latest Research Report on Mitsui O.S.K. Lines

Mitsui O.S.K. Lines Price Performance

The stock has a 50 day moving average of $22.03 and a 200-day moving average of $19.58.

About Mitsui O.S.K. Lines

(Get Free Report)

Mitsui O.S.K. Lines, Ltd. is a Japanese maritime transportation and logistics company headquartered in Tokyo. The company traces its origins to 1884 and has developed into one of the world’s major shipping groups, serving customers across international trade routes.

MOL operates a diversified fleet and provides ocean transportation for dry bulk commodities, crude oil, petroleum products, chemicals, liquefied natural gas and other energy resources. Its services also include the transportation of automobiles and other finished vehicles, containerized cargo and related logistics solutions.

In addition to shipping, Mitsui O.S.K.

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