Shares of Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY - Get Free Report) traded up 10% during mid-day trading on Monday . The stock traded as high as $5.60 and last traded at $5.60. 155 shares were traded during trading, a decline of 97% from the average session volume of 6,190 shares. The stock had previously closed at $5.09.
Pacific Basin Shipping Stock Up 15.9%
The company has a debt-to-equity ratio of 0.10, a current ratio of 1.62 and a quick ratio of 1.26. The stock has a fifty day moving average price of $4.73 and a two-hundred day moving average price of $4.47.
Pacific Basin Shipping Increases Dividend
The company also recently declared a dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 7th were given a dividend of $0.105 per share. This is a positive change from Pacific Basin Shipping's previous dividend of $0.09. This represents a dividend yield of 4.21%. 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.
Recommended Stories
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
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
