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PCCW (OTCMKTS:PCCWY) Shares Gap Down - What's Next?

PCCW logo with Computer and Technology background

PCCW Ltd. (OTCMKTS:PCCWY - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $6.70, but opened at $6.30. PCCW shares last traded at $6.30, with a volume of 120 shares.

PCCW Stock Down 6.0%

The company has a 50 day moving average of $6.64 and a 200 day moving average of $6.15. The company has a current ratio of 0.59, a quick ratio of 0.51 and a debt-to-equity ratio of 4.17.

PCCW Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 27th. Investors of record on Wednesday, May 21st will be paid a dividend of $0.3466 per share. This represents a dividend yield of 11.62%. This is a positive change from PCCW's previous dividend of $0.11. The ex-dividend date of this dividend is Tuesday, May 20th.

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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