Pacific Basin Shipping Limited (OTCMKTS:PCFBY - Get Free Report)'s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $4.48 and traded as high as $5.05. Pacific Basin Shipping shares last traded at $5.05, with a volume of 500 shares changing hands.
Pacific Basin Shipping Price Performance
The company has a debt-to-equity ratio of 0.13, a current ratio of 1.70 and a quick ratio of 1.29. The stock's 50-day moving average is $4.49 and its 200 day moving average is $4.48.
Pacific Basin Shipping Increases Dividend
The company also recently disclosed a dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 7th were given a $0.105 dividend. The ex-dividend date was Tuesday, May 6th. This represents a yield of 4.21%. This is an increase from Pacific Basin Shipping's previous dividend of $0.09.
About Pacific Basin Shipping
(
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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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