Shares of Pacific Basin Shipping Limited (OTCMKTS:PCFBY - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.37 and traded as high as $4.95. Pacific Basin Shipping shares last traded at $4.95, with a volume of 689 shares changing hands.
Pacific Basin Shipping Price Performance
The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.29 and a current ratio of 1.70. The stock's 50-day moving average price is $4.39 and its 200-day moving average price is $4.50.
Pacific Basin Shipping Increases Dividend
The firm also recently declared a dividend, which will be paid on Monday, June 2nd. Stockholders 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
(
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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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