Free Trial

PCCW (OTCMKTS:PCWLF) Shares Gap Down - Here's Why

PCCW logo with Computer and Technology background

PCCW Ltd. (OTCMKTS:PCWLF - Get Free Report)'s share price gapped down before the market opened on Thursday . The stock had previously closed at $0.73, but opened at $0.69. PCCW shares last traded at $0.69, with a volume of 199 shares changing hands.

PCCW Trading Up 4.3%

The company has a fifty day simple moving average of $0.66 and a two-hundred day simple moving average of $0.62.

PCCW Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 20th. Stockholders of record on Tuesday, May 20th were given a dividend of $0.2848 per share. This is a boost from PCCW's previous dividend of $0.10. This represents a dividend yield of 12.59%. The ex-dividend date of this dividend was Monday, May 19th.

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.

Recommended Stories

Should You Invest $1,000 in PCCW Right Now?

Before you consider PCCW, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PCCW wasn't on the list.

While PCCW currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Drone Stocks Are Skyrocketing Right Now!
Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters
This Strategy Beat the S&P—And Most Investors Ignore It

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines