Pacific Basin Shipping (OTCMKTS:PCFBY) Reaches New 1-Year Low – Here’s What Happened

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Free Report) shares reached a new 52-week low during trading on Friday . The company traded as low as $4.40 and last traded at $4.40, with a volume of 236 shares. The stock had previously closed at $4.73.

Pacific Basin Shipping Trading Down 7.0 %

The company has a debt-to-equity ratio of 0.13, a current ratio of 1.70 and a quick ratio of 1.29. The company has a fifty day simple moving average of $5.34 and a two-hundred day simple moving average of $5.69.

Pacific Basin Shipping Company Profile

(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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