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PCCW (OTCMKTS:PCCWY) Share Price Crosses Below 50 Day Moving Average - Here's Why

PCCW logo with Computer and Technology background

PCCW Ltd. (OTCMKTS:PCCWY - Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.68 and traded as low as $6.56. PCCW shares last traded at $6.56, with a volume of 348 shares trading hands.

PCCW Price Performance

The company has a debt-to-equity ratio of 4.17, a quick ratio of 0.51 and a current ratio of 0.59. The business has a 50-day moving average price of $6.71 and a 200 day moving average price of $6.19.

PCCW Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, May 21st were given a $0.3466 dividend. This is an increase from PCCW's previous dividend of $0.11. This represents a yield of 11.62%. The ex-dividend date of this dividend was Tuesday, May 20th.

PCCW Company Profile

(Get Free Report)

PCCW Limited provides telecommunications and related services in Hong Kong, Mainland and other parts of China, Singapore, and internationally. The company's services include local telephony, local data and broadband, mobile, enterprise solutions, international telecommunications, and satellite-based and network-based telecommunications services; outsourcing, consulting, and contact center services; and technical consulting and engineering services.

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