Orient Overseas (International) (OTCMKTS:OROVY) Shares Cross Above Fifty Day Moving Average – Here’s Why

Orient Overseas (International) Limited (OTCMKTS:OROVY) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $68.96 and traded as high as $75.25. Orient Overseas (International) shares last traded at $75.25, with a volume of 260 shares changing hands.

Orient Overseas (International) Stock Performance

The business has a 50 day simple moving average of $69.02 and a 200-day simple moving average of $70.23.

About Orient Overseas (International)

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