Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $5.52, but opened at $4.61. Pacific Basin Shipping shares last traded at $4.72, with a volume of 13,973 shares trading hands.
Pacific Basin Shipping Stock Up 15.9%
The stock has a 50 day simple moving average of $4.70 and a two-hundred day simple moving average of $4.47. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.62 and a quick ratio of 1.26.
Pacific Basin Shipping Increases Dividend
The business also recently disclosed a dividend, which was paid on Monday, June 2nd. Stockholders of record on Wednesday, May 7th were issued a $0.105 dividend. This represents a dividend yield of 4.21%. The ex-dividend date of this dividend was Tuesday, May 6th. This is an increase from Pacific Basin Shipping's previous dividend of $0.09.
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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