Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY - Get Free Report)'s share price gapped down prior to trading on Thursday . The stock had previously closed at $5.26, but opened at $4.72. Pacific Basin Shipping shares last traded at $4.72, with a volume of 288 shares.
Pacific Basin Shipping Price Performance
The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.26 and a current ratio of 1.62. The stock has a 50-day simple moving average of $4.78 and a 200 day simple moving average of $4.48.
Pacific Basin Shipping Increases Dividend
The business also recently declared a dividend, which was paid on Monday, June 2nd. Stockholders of record on Wednesday, May 7th were given a $0.105 dividend. 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.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Pacific Basin Shipping, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pacific Basin Shipping wasn't on the list.
While Pacific Basin Shipping currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.