Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $6.94 and last traded at $6.94, with a volume of 276 shares. The stock had previously closed at $6.77.
Pacific Basin Shipping Trading Up 2.5%
The company has a quick ratio of 1.18, a current ratio of 1.48 and a debt-to-equity ratio of 0.06. The firm’s fifty day moving average is $6.57 and its 200-day moving average is $5.63.
Pacific Basin Shipping Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, September 19th. Shareholders of record on Monday, August 25th were issued a dividend of $0.0326 per share. This represents a yield of 228.0%. The ex-dividend date of this dividend was Friday, August 22nd.
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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