Pacific Basin Shipping Limited (OTCMKTS:PCFBY – Get Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.44 and traded as low as $5.40. Pacific Basin Shipping shares last traded at $5.40, with a volume of 145 shares traded.
Pacific Basin Shipping Stock Performance
The business has a 50 day moving average of $5.44 and a 200-day moving average of $6.10. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.13.
Pacific Basin Shipping Cuts Dividend
The business also recently disclosed a dividend, which was paid on Thursday, September 19th. Investors of record on Friday, August 23rd were paid a dividend of $0.0926 per share. This represents a dividend yield of 4.15%. The ex-dividend date of this dividend was Thursday, August 22nd.
Pacific Basin Shipping Company Profile
Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services worldwide. The company offers its shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap.
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