First Pacific (OTCMKTS:FPAFY) Trading Down 1.4% - Here's Why

First Pacific Co. (OTCMKTS:FPAFY - Get Free Report) shares traded down 1.4% on Tuesday . The company traded as low as $3.60 and last traded at $3.65. 30,784 shares traded hands during trading, a decline of 22% from the average session volume of 39,648 shares. The stock had previously closed at $3.70.

First Pacific Stock Performance

The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.07 and a current ratio of 1.35. The firm's 50-day moving average is $3.62 and its 200-day moving average is $3.17.

First Pacific Increases Dividend

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

First Pacific Company Profile

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.