Orient Overseas (International) (OTCMKTS:OROVF) Lowered to “Reduce” at HSBC

HSBC cut shares of Orient Overseas (International) (OTCMKTS:OROVFGet Rating) from a hold rating to a reduce rating in a research report sent to investors on Thursday morning, The Fly reports.

Orient Overseas (International) Stock Performance

OTCMKTS OROVF opened at $13.08 on Thursday. The business has a fifty day moving average price of $18.90 and a two-hundred day moving average price of $17.75. Orient Overseas has a fifty-two week low of $13.08 and a fifty-two week high of $36.59.

Orient Overseas (International) Company Profile

(Get Rating)

Orient Overseas (International) Limited, an investment holding company, provides container transport and logistics services in Asia, Europe, Australia, North America, and internationally. The company offers supply-chain management and distribution services; and containerised shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades.

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