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
(
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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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