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PCCW (OTCMKTS:PCCWY) Shares Gap Up - Time to Buy?

PCCW logo with Computer and Technology background

PCCW Ltd. (OTCMKTS:PCCWY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $6.51, but opened at $7.30. PCCW shares last traded at $7.30, with a volume of 263 shares traded.

PCCW Stock 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 stock has a 50-day moving average price of $6.66 and a 200-day moving average price of $6.16.

PCCW Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, May 21st will be issued a dividend of $0.3466 per share. The ex-dividend date is Tuesday, May 20th. This is an increase from PCCW's previous dividend of $0.11. This represents a yield of 11.62%.

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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