Shares of Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $4.99 and traded as low as $4.99. Pacific Basin Shipping shares last traded at $4.99, with a volume of 101 shares trading hands.
Pacific Basin Shipping Stock Performance
The business's 50-day moving average price is $4.99 and its 200-day moving average price is $4.51. The company has a current ratio of 1.62, a quick ratio of 1.26 and a debt-to-equity ratio of 0.10.
Pacific Basin Shipping Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, June 2nd. Shareholders of record on Wednesday, May 7th were given a dividend of $0.105 per share. This is an increase from Pacific Basin Shipping's previous dividend of $0.09. This represents a yield of 4.21%. 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.
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