Pacific Basin Shipping Limited (OTCMKTS:PCFBY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.25 and traded as high as $4.42. Pacific Basin Shipping shares last traded at $4.42, with a volume of 889 shares changing hands.
Pacific Basin Shipping Stock Up 5.9 %
The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.13. The stock's fifty day moving average price is $4.30 and its 200-day moving average price is $4.58.
Pacific Basin Shipping Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, May 7th will be issued a dividend of $0.105 per share. This is a boost from Pacific Basin Shipping's previous dividend of $0.09. This represents a dividend yield of 4.21%. The ex-dividend date is Tuesday, May 6th.
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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