Shares of Pacific Basin Shipping Limited (OTCMKTS:PCFBF – Get Free Report) fell 12.5% on Thursday . The company traded as low as $0.18 and last traded at $0.18. 5,000 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 4,650 shares. The stock had previously closed at $0.20.
Pacific Basin Shipping Price Performance
The business’s fifty day moving average is $0.22 and its two-hundred day moving average is $0.26.
Pacific Basin Shipping Company Profile
Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services worldwide. The company offers its shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap.
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