Pacific Basin Shipping Ltd. (
OTCMKTS:PCFBY -
Get Free Report) saw unusually-strong trading volume on Monday . Approximately 56,301 shares changed hands during mid-day trading, an increase of 1,110% from the previous session's volume of 4,653 shares.The stock last traded at $6.20 and had previously closed at $6.07.
Pacific Basin Shipping Stock Up 2.1%
The company has a debt-to-equity ratio of 0.06, a current ratio of 1.48 and a quick ratio of 1.18. The firm has a 50-day moving average of $5.67 and a two-hundred day moving average of $5.04.
Pacific Basin Shipping Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, September 19th. Stockholders of record on Monday, August 25th were given a dividend of $0.0326 per share. This represents a dividend yield of 228.0%. The ex-dividend date was Friday, August 22nd.
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.
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