SITC International Holdings Company Limited (OTCMKTS:SITIY – Get Free Report)’s stock price dropped 8.4% on Thursday. The company traded as low as $11.4625 and last traded at $11.83. 3,069 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 7,695 shares. The stock had previously closed at $12.9125.
SITC International Price Performance
The company’s 50 day moving average is $50.36 and its 200-day moving average is $45.78.
About SITC International
SITC International Holdings Co, Ltd. is a Hong Kong-based logistics and shipping company focused primarily on regional container transportation. The company operates container liner services that connect ports across Asia, with an emphasis on intra-Asia trade routes serving China, Japan, South Korea and Southeast Asia.
In addition to its container shipping operations, SITC provides integrated logistics services, including freight forwarding, warehousing, cargo consolidation, customs-related services, container depots and inland transportation.
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