Pacific Basin Shipping (OTCMKTS:PCFBY) Reaches New 1-Year Low – Should You Sell?

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

Pacific Basin Shipping Price Performance

The stock has a fifty day simple moving average of $5.51 and a two-hundred day simple moving average of $5.88. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.70 and a quick ratio of 1.29.

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.

Featured Stories

Receive News & Ratings for Pacific Basin Shipping Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacific Basin Shipping and related companies with MarketBeat.com's FREE daily email newsletter.