Pacific Basin Shipping (OTCMKTS:PCFBY) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $4.42 and traded as low as $4.36. Pacific Basin Shipping shares last traded at $4.48, with a volume of 2,887 shares changing hands.

Pacific Basin Shipping Trading Down 2.0 %

The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.29 and a current ratio of 1.70. The stock’s 50-day moving average is $4.42 and its 200-day moving average is $5.06.

Pacific Basin Shipping Company Profile

(Get Free Report)

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

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