Pacific Basin Shipping Limited (OTCMKTS:PCFBY – Get Free Report) passed 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.
Pacific Basin Shipping Stock Performance
The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.13. The firm’s 50-day moving average price is $5.45 and its two-hundred day moving average price is $6.09.
Pacific Basin Shipping Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, September 19th. Shareholders of record on Friday, August 23rd were paid a dividend of $0.0926 per share. This represents a yield of 4.15%. The ex-dividend date 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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