Pacific Basin Shipping Limited (OTCMKTS:PCFBY – Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.45 and traded as high as $5.81. Pacific Basin Shipping shares last traded at $5.81, with a volume of 296 shares trading hands.
Pacific Basin Shipping Price Performance
The firm’s 50 day moving average is $5.45 and its 200-day moving average is $6.11. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.29 and a current ratio of 1.70.
Pacific Basin Shipping Cuts Dividend
The business 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. The ex-dividend date was Thursday, August 22nd. This represents a yield of 4.15%.
About Pacific Basin Shipping
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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