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

First Pacific Co. (OTCMKTS:FPAFY - Get Free Report) traded down 1.4% on Tuesday . The stock traded as low as $3.60 and last traded at $3.65. 30,784 shares were traded during mid-day 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 Down 2.9%

The company's 50 day moving average price is $3.61 and its 200 day moving average price is $3.16. The company has a quick ratio of 1.07, a current ratio of 1.35 and a debt-to-equity ratio of 0.84.

First Pacific Increases Dividend

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

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.