First Pacific (OTCMKTS:FPAFY) Stock Price Down 1.4% - Here's What Happened

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

First Pacific Price Performance

The stock's 50-day moving average is $3.60 and its 200-day moving average is $3.16. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.35 and a quick ratio of 1.07.

First Pacific Increases Dividend

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

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.