Pacific Basin Shipping (OTCMKTS:PCFBY) Reaches New 52-Week Low – Time to Sell?

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Free Report) hit a new 52-week low on Wednesday . The company traded as low as $4.50 and last traded at $4.92, with a volume of 5671 shares trading hands. The stock had previously closed at $4.97.

Pacific Basin Shipping Trading Down 1.0 %

The firm has a fifty day simple moving average of $5.51 and a 200-day simple moving average of $5.89. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.13.

About Pacific Basin Shipping

(Get Free Report)

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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