Zacks Research cut shares of Mitsui O.S.K. Lines (OTCMKTS:MSLOY – Free Report) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks reports.
Mitsui O.S.K. Lines Price Performance
MSLOY opened at $23.54 on Monday. Mitsui O.S.K. Lines has a 1-year low of $13.71 and a 1-year high of $24.94. The business has a 50 day moving average of $22.54 and a 200-day moving average of $19.67.
About Mitsui O.S.K. Lines
Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY) is a Japan-based global transportation and logistics company that operates ocean-going vessels and provides related services. Its activities include the transportation of automobiles, dry bulk commodities, crude oil, petroleum products, chemicals, liquefied natural gas and other energy resources.
The company also provides logistics and supply-chain services, including marine transport, terminal operations and offshore-related services. MOL operates a diverse fleet and serves customers across major international trade routes, connecting Japan and other parts of Asia with North America, Europe, the Middle East, Africa and other global markets.
MOL traces its origins to Osaka Shosen Kaisha, established in 1884.
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