Pacific Basin Shipping Limited (OTCMKTS:PCFBY – Get Free Report) reached a new 52-week low during trading on Friday . The company traded as low as $4.78 and last traded at $5.17, with a volume of 22095 shares. The stock had previously closed at $5.33.
Pacific Basin Shipping Stock Down 3.0 %
The company has a 50 day simple moving average of $5.73 and a two-hundred day simple moving average of $6.13.
Pacific Basin Shipping Cuts Dividend
The business also recently announced a dividend, which will be paid on Thursday, September 19th. Investors of record on Friday, August 23rd will be given a dividend of $0.0926 per share. The ex-dividend date is Thursday, August 22nd. This represents a dividend yield of 4.15%.
About Pacific Basin Shipping
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.
Further Reading
- Five stocks we like better than Pacific Basin Shipping
- Learn Technical Analysis Skills to Master the Stock Market
- Join UiPath’s AI Surge and Catch the Coming Stock Price Reversal
- Stock Average Calculator
- Is Merck Stock Undervalued After Its Colossal Earnings Growth?
- Why Invest in High-Yield Dividend Stocks?
- Top 5 ETFs for Every Investor: From Semiconductors to Defense
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.
