Pacific Basin Shipping Limited (OTCMKTS:PCFBY – Get Free Report)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $5.81 and traded as high as $6.74. Pacific Basin Shipping shares last traded at $6.74, with a volume of 2,638 shares changing hands.
Pacific Basin Shipping Trading Up 0.7 %
The company’s 50-day moving average price is $5.84 and its two-hundred day moving average price is $5.83.
Pacific Basin Shipping Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, May 24th. Stockholders of record on Friday, April 26th will be issued a $0.1048 dividend. The ex-dividend date of this dividend is Thursday, April 25th.
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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