Shares of Pacific Basin Shipping Limited (OTCMKTS:PCFBY - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $4.55 and traded as high as $5.59. Pacific Basin Shipping shares last traded at $5.26, with a volume of 1,259 shares.
Pacific Basin Shipping Price Performance
The business's 50 day simple moving average is $4.60 and its 200-day simple moving average is $4.46. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.29 and a current ratio of 1.70.
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 issued a dividend of $0.105 per share. This represents a dividend yield of 4.21%. This is a positive change from Pacific Basin Shipping's previous dividend of $0.09. The ex-dividend date was Tuesday, May 6th.
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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