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
(
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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.
Further Reading
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