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First Pacific (OTCMKTS:FPAFY) Reaches New 12-Month High - Still a Buy?

First Pacific logo with Multi-Sector Conglomerates background

Key Points

  • First Pacific Co. shares reached a new 52-week high of $4.19 during mid-day trading, reflecting increased investor interest.
  • The company announced an increased dividend of $0.0731 per share, resulting in a remarkable yield of 375.0% for shareholders.
  • First Pacific operates across several sectors including consumer food, telecommunications, infrastructure, and natural resources across various international markets.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of First Pacific Co. (OTCMKTS:FPAFY - Get Free Report) hit a new 52-week high on Thursday . The company traded as high as $4.19 and last traded at $4.19, with a volume of 230 shares trading hands. The stock had previously closed at $4.10.

First Pacific Stock Down 0.3%

The company has a quick ratio of 1.07, a current ratio of 1.35 and a debt-to-equity ratio of 0.84. The business's fifty day moving average is $3.80 and its two-hundred day moving average is $3.36.

First Pacific Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, July 10th. Shareholders of record on Tuesday, June 24th were issued a dividend of $0.0731 per share. This is a boost from First Pacific's previous dividend of $0.07. The ex-dividend date was Monday, June 23rd. This represents a yield of 375.0%.

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.

See Also

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