Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $5.52, but opened at $4.61. Pacific Basin Shipping shares last traded at $4.72, with a volume of 13,973 shares trading hands.
Pacific Basin Shipping Stock Performance
The business has a fifty day moving average of $4.70 and a 200-day moving average of $4.47. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.26 and a current ratio of 1.62.
Pacific Basin Shipping Increases Dividend
The business also recently disclosed a dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 7th were issued a dividend of $0.105 per share. This is a boost from Pacific Basin Shipping’s previous dividend of $0.09. The ex-dividend date was Tuesday, May 6th. This represents a yield of 4.21%.
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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