Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY – Get Free Report) saw strong trading volume on Friday. 5,500 shares traded hands during trading, an increase of 221% from the previous session’s volume of 1,716 shares. The stock last traded at $10.07 and had previously closed at $9.4160.
Pacific Basin Shipping Stock Up 0.7%
The stock has a 50-day moving average of $9.93 and a two-hundred day moving average of $8.57. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.82 and a quick ratio of 1.33.
Pacific Basin Shipping Company Profile
Pacific Basin Shipping Limited is a Hong Kong-based dry bulk shipping company that owns, operates and charters vessels used to transport raw materials and other dry bulk commodities internationally. The company focuses primarily on the handysize and supramax/ultramax segments, which are suited to serving a broad range of ports and trade routes.
Its vessels carry a variety of minor bulk cargoes, including agricultural products, grains, forest products, steel products, cement, fertilizers, minerals and other industrial materials.
Featured Stories
- Five stocks we like better than Pacific Basin Shipping
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
- Palantir’s Potential Next Catalyst After Retail Profit-Taking
- Morgan Stanley Beats on Earnings, But Shares Fall on Trading Mix
- RTX Locks In a Decade of Defense Dominance
Receive News & Ratings for Pacific Basin Shipping Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacific Basin Shipping and related companies with MarketBeat.com's FREE daily email newsletter.
