First Pacific (OTCMKTS:FPAFY) Stock Price Down 4.1% - Time to Sell?

First Pacific Co. (OTCMKTS:FPAFY - Get Free Report)'s stock price traded down 4.1% during mid-day trading on Thursday . The stock traded as low as $3.51 and last traded at $3.51. 6,228 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 32,802 shares. The stock had previously closed at $3.66.

First Pacific Price Performance

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 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 business also recently declared a dividend, which will be paid on Thursday, July 10th. Stockholders of record on Tuesday, June 24th will be issued a dividend of $0.0731 per share. The ex-dividend date of this dividend is Monday, June 23rd. This is an increase from First Pacific's previous dividend of $0.07. 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.