Pacific Basin Shipping Ltd. (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 $5.44 and traded as high as $5.75. Pacific Basin Shipping shares last traded at $5.75, with a volume of 171 shares trading hands.
Pacific Basin Shipping Stock Performance
The firm has a 50 day simple moving average of $5.54 and a 200-day simple moving average of $4.97. 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 Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, September 19th. Stockholders of record on Monday, August 25th will be given a $0.0326 dividend. The ex-dividend date of this dividend is Friday, August 22nd. This represents a dividend yield of 228.0%.
About Pacific Basin Shipping
(
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.
Featured Articles
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
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
