Pacific Basin Shipping Limited (OTCMKTS:PCFBY - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.41 and traded as high as $5.11. Pacific Basin Shipping shares last traded at $5.11, with a volume of 19,792 shares.
Pacific Basin Shipping Trading Up 2.4%
The firm's fifty day simple moving average is $4.45 and its 200-day simple moving average is $4.49. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.70 and a quick ratio of 1.29.
Pacific Basin Shipping Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 7th will be paid a $0.105 dividend. The ex-dividend date of this dividend is Tuesday, May 6th. This represents a yield of 4.21%. This is a positive change 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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