First Pacific (OTCMKTS:FPAFY) Hits New 52-Week Low – Should You Sell?

First Pacific Co. (OTCMKTS:FPAFY) shares reached a new 52-week low on Tuesday . The company traded as low as $3.01 and last traded at $3.0735, with a volume of 267410 shares changing hands. The stock had previously closed at $3.18.

First Pacific Stock Performance

The company has a current ratio of 1.44, a quick ratio of 1.18 and a debt-to-equity ratio of 0.80. The firm’s fifty day moving average is $3.37 and its two-hundred day moving average is $3.48.

About First Pacific

First Pacific Company Limited is a Hong Kong-based investment management and holding company with principal interests in telecommunications, infrastructure, food and consumer products, and natural resources. The company invests in and manages businesses primarily in the Philippines and Indonesia, with operations and investments serving broader Asian markets.

Its portfolio has included PLDT Inc, a major Philippine telecommunications provider offering mobile, fixed-line, broadband, and digital services; Indofood Sukses Makmur, an Indonesian food company involved in branded consumer products, agribusiness, distribution, and food processing; and investments associated with infrastructure and mining in the Philippines.