Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY – Get Free Report)’s stock price hit a new 52-week high on Thursday . The company traded as high as $10.80 and last traded at $10.80, with a volume of 8921 shares traded. The stock had previously closed at $10.65.
Pacific Basin Shipping Stock Performance
The business’s 50 day simple moving average is $9.07 and its 200 day simple moving average is $8.28. The company has a quick ratio of 1.32, a current ratio of 1.63 and a debt-to-equity ratio of 0.04.
About Pacific Basin Shipping
Pacific Basin Shipping Limited is a Hong Kong-based international dry bulk shipping company. The company owns, operates and charters vessels that transport dry bulk commodities for customers in global commodity and industrial markets.
Its fleet is focused primarily on Handysize and Supramax/Ultramax vessels, which carry a broad range of major and minor bulk cargoes. These cargoes can include agricultural products, forest products, minerals, metals, cement, coal and other industrial materials.
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