First Pacific (OTCMKTS:FPAFY) Hits New 52-Week Low – What’s Next?

First Pacific Co. (OTCMKTS:FPAFY)’s stock price reached a new 52-week low on Monday. The stock traded as low as $3.00 and last traded at $3.05, with a volume of 376 shares traded. The stock had previously closed at $3.06.

First Pacific Price Performance

The stock’s fifty day simple moving average is $3.28 and its 200-day simple moving average is $3.39. The company has a quick ratio of 1.27, a current ratio of 1.55 and a debt-to-equity ratio of 0.82.

First Pacific Company Profile

First Pacific Company Limited is a Hong Kong-based investment management and holding company with operations and investments focused primarily on the Asia-Pacific region. The company invests in businesses across consumer foods, telecommunications, infrastructure and natural resources, with significant exposure to the Philippines and Indonesia.

First Pacific’s principal investments include Indofood Sukses Makmur, one of Indonesia’s largest food companies, which produces and distributes products such as noodles, dairy items, snack foods, beverages and other consumer staples.