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

HSBC cut shares of Orient Overseas (International) (OTCMKTS:OROVF – Get 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

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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.