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First Pacific (OTCMKTS:FPAFY) Hits New 52-Week High - Still a Buy?

First Pacific logo with Multi-Sector Conglomerates background

Shares of First Pacific Co. (OTCMKTS:FPAFY - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $3.96 and last traded at $3.85, with a volume of 17852 shares traded. The stock had previously closed at $3.89.

First Pacific Stock Up 1.0%

The stock has a fifty day simple moving average of $3.67 and a 200-day simple moving average of $3.23. The company has a current ratio of 1.35, a quick ratio of 1.07 and a debt-to-equity ratio of 0.84.

First Pacific Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, July 10th. Stockholders of record on Tuesday, June 24th were issued a $0.0731 dividend. This is a boost from First Pacific's previous dividend of $0.07. The ex-dividend date of this dividend was Monday, June 23rd. This represents a dividend yield of 3.75%.

About First Pacific

(Get Free Report)

First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and cellular networks.

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