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PCCW (OTCMKTS:PCCWY) Shares Gap Down - Time to Sell?

PCCW logo with Computer and Technology background

Shares of PCCW Ltd. (OTCMKTS:PCCWY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $7.61, but opened at $7.17. PCCW shares last traded at $7.17, with a volume of 765 shares.

PCCW Stock Down 5.0%

The company has a 50 day moving average of $6.80 and a 200-day moving average of $6.27. The company has a quick ratio of 0.51, a current ratio of 0.59 and a debt-to-equity ratio of 4.17.

PCCW Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, May 21st were issued a $0.3466 dividend. This represents a yield of 11.62%. The ex-dividend date was Tuesday, May 20th. This is a positive change from PCCW's previous dividend of $0.11.

About PCCW

(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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