PCCW (OTCMKTS:PCCWY) Shares Up 8.7% - Time to Buy?

PCCW Ltd. (OTCMKTS:PCCWY - Get Free Report)'s share price shot up 8.7% during trading on Monday . The stock traded as high as $7.61 and last traded at $7.61. 2,636 shares changed hands during trading, an increase of 36% from the average session volume of 1,944 shares. The stock had previously closed at $7.00.

PCCW Stock Down 6.4%

The company has a current ratio of 0.59, a quick ratio of 0.51 and a debt-to-equity ratio of 4.17. The company has a 50-day moving average of $6.77 and a 200 day moving average of $6.25.

PCCW Increases Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a yield of 11.62%.

PCCW Company Profile

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.