Free Trial

Pacific Basin Shipping (OTCMKTS:PCFBY) Shares Pass Above 50-Day Moving Average - Here's Why

Pacific Basin Shipping logo with Transportation background

Pacific Basin Shipping Limited (OTCMKTS:PCFBY - Get Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-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 trading hands.

Pacific Basin Shipping Stock Down 0.6%

The stock's fifty day simple moving average is $4.43 and its 200 day simple moving average is $4.49. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.13.

Pacific Basin Shipping Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, June 2nd. Investors of record on Wednesday, May 7th will be 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 yield of 4.21%. The ex-dividend date of this dividend is Tuesday, May 6th.

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

Should You Invest $1,000 in Pacific Basin Shipping Right Now?

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

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines