Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY - Get Free Report)'s share price traded down 4.4% on Wednesday . The stock traded as low as $4.76 and last traded at $4.76. 4,121 shares were traded during trading, a decline of 31% from the average session volume of 5,989 shares. The stock had previously closed at $4.98.
Pacific Basin Shipping Stock Performance
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's 50 day simple moving average is $4.94 and its two-hundred day simple moving average is $4.50.
Pacific Basin Shipping Increases Dividend
The business also recently announced a dividend, which was paid on Monday, June 2nd. Shareholders of record on Wednesday, May 7th were paid a $0.105 dividend. This represents a yield of 4.21%. This is a boost from Pacific Basin Shipping's previous dividend of $0.09. The ex-dividend date was 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.
Further Reading
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
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
