PCCW (OTCMKTS:PCWLF) Shares Gap Down – Time to Sell?

PCCW Ltd. (OTCMKTS:PCWLFGet Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $0.69, but opened at $0.64. PCCW shares last traded at $0.64, with a volume of 340 shares changing hands.

PCCW Trading Up 1.6%

The business has a fifty day moving average of $0.68 and a 200-day moving average of $0.66.

PCCW Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 5th. Shareholders of record on Monday, August 18th were issued a dividend of $0.0977 per share. The ex-dividend date was Friday, August 15th. This represents a dividend yield of 710.0%.

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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