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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)'s stock price gapped down prior to trading 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 Price Performance

The company has a 50-day simple moving average of $6.66 and a 200-day simple moving average of $6.16. The company has a debt-to-equity ratio of 4.17, a current ratio of 0.59 and a quick ratio of 0.51.

PCCW Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, June 27th. Stockholders of record on Wednesday, May 21st will be given a $0.3466 dividend. The ex-dividend date is Tuesday, May 20th. This represents a dividend yield of 11.62%. This is a boost 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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