Mitsui O.S.K. Lines (OTCMKTS:MSLOY) Reaches New 12-Month High – What’s Next?

Mitsui O.S.K. Lines, Ltd. (OTCMKTS:MSLOY – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $24.2917 and last traded at $23.54, with a volume of 20837 shares. The stock had previously closed at $23.55.

Analysts Set New Price Targets

Separately, Zacks Research raised Mitsui O.S.K. Lines from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Mitsui O.S.K. Lines presently has a consensus rating of “Strong Buy”.

Read Our Latest Analysis on MSLOY

Mitsui O.S.K. Lines Stock Performance

The company’s fifty day moving average is $20.91 and its 200-day moving average is $19.37.

About Mitsui O.S.K. Lines

(Get Free Report)

Mitsui O.S.K. Lines, Ltd. (MOL) is a Japan-based international transportation and logistics company headquartered in Tokyo. Its principal activities include ocean shipping, marine transportation and related logistics services for customers worldwide.

MOL operates across several shipping segments, including dry bulk carriers, crude oil and product tankers, liquefied natural gas and other energy-related vessels, chemical tankers, car carriers and containership services. The company also provides port and terminal operations, logistics, vessel management and other maritime services.

Further Reading

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