Orient Overseas International (OTCMKTS:OROVY) Upgraded at Zacks Research

Zacks Research upgraded shares of Orient Overseas International (OTCMKTS:OROVY) to a hold rating in a research note published on Tuesday morning,Zacks.com reports.

Orient Overseas International Price Performance

Shares of OTCMKTS:OROVY opened at $90.73 on Tuesday. The company’s fifty day moving average is $90.45 and its two-hundred day moving average is $85.10. Orient Overseas International has a 12-month low of $66.62 and a 12-month high of $98.70.

Orient Overseas International Company Profile

Orient Overseas International Ltd is a Hong Kong–based investment holding company with core interests in maritime transport and related logistics services. Through its principal operating subsidiary, Orient Overseas Container Line (OOCL), the group specializes in international container shipping, offering scheduled services across major east–west and north–south trade routes. The company’s operations encompass vessel chartering, container manufacturing, terminal management and intermodal transport solutions.

Founded from roots dating back to the mid-20th century maritime expansion in Asia, Orient Overseas International has grown into a global operator serving ports in Asia, Europe, North America, Latin America, the Middle East and Australasia.