Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY - Get Free Report) shares were up 4.9% during trading on Monday . The company traded as high as $5.39 and last traded at $5.39. Approximately 265 shares were traded during trading, a decline of 96% from the average daily volume of 6,125 shares. The stock had previously closed at $5.14.
Pacific Basin Shipping Price Performance
The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.26 and a current ratio of 1.62. The business has a fifty day simple moving average of $4.96 and a 200 day simple moving average of $4.51.
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 given a dividend of $0.105 per share. The ex-dividend date was Tuesday, May 6th. This represents a dividend yield of 4.21%. This is an increase from Pacific Basin Shipping's previous dividend of $0.09.
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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