First Pacific (OTCMKTS:FPAFY) Shares Gap Down - What's Next?

Shares of First Pacific Co. (OTCMKTS:FPAFY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $3.69, but opened at $3.54. First Pacific shares last traded at $3.62, with a volume of 1,371 shares trading hands.

First Pacific Stock Up 0.6%

The firm has a 50 day moving average price of $3.54 and a 200 day moving average price of $3.13. 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 business 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 boost from First Pacific's previous dividend of $0.07. This represents a dividend yield of 3.75%. The ex-dividend date is Monday, June 23rd.

About First Pacific

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.