First Pacific (OTCMKTS:FPAFY) Shares Gap Down - Should You Sell?

First Pacific Co. (OTCMKTS:FPAFY - Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $3.84, but opened at $3.62. First Pacific shares last traded at $3.78, with a volume of 5,224 shares traded.

First Pacific Stock Performance

The company has a current ratio of 1.35, a quick ratio of 1.07 and a debt-to-equity ratio of 0.84. The company has a fifty day simple moving average of $3.63 and a 200 day simple moving average of $3.20.

First Pacific Increases Dividend

The business also recently disclosed 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 positive change from First Pacific's previous dividend of $0.07. This represents a yield of 3.75%. The ex-dividend date of this dividend was 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.

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