Pacific Basin Shipping Limited (OTCMKTS:PCFBY - Get Free Report) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totalling 200 shares, a decline of 92.9% from the April 30th total of 2,800 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is currently 0.2 days.
Pacific Basin Shipping Trading Down 0.4%
Shares of OTCMKTS PCFBY traded down $0.02 during midday trading on Friday, hitting $4.90. 1,801 shares of the stock traded hands, compared to its average volume of 6,903. Pacific Basin Shipping has a one year low of $3.39 and a one year high of $7.20. The business has a 50 day moving average price of $4.46 and a two-hundred day moving average price of $4.49. The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.13.
Pacific Basin Shipping Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 7th will be given a dividend of $0.105 per share. This is a boost from Pacific Basin Shipping's previous dividend of $0.09. The ex-dividend date of this dividend is Tuesday, May 6th. This represents a dividend yield of 4.21%.
Pacific Basin Shipping Company Profile
(
Get Free Report)
Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services worldwide. The company offers its shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap.
Read More
Before you consider Pacific Basin Shipping, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pacific Basin Shipping wasn't on the list.
While Pacific Basin Shipping currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
