First Pacific (OTCMKTS:FPAFY) Sees Unusually-High Trading Volume – Should You Buy?

First Pacific Co. (OTCMKTS:FPAFYGet Free Report) saw strong trading volume on Thursday . 38,180 shares traded hands during mid-day trading, an increase of 17% from the previous session’s volume of 32,684 shares.The stock last traded at $4.1375 and had previously closed at $4.13.

First Pacific Price Performance

The company has a fifty day simple moving average of $4.16 and a two-hundred day simple moving average of $3.96. The company has a quick ratio of 1.01, a current ratio of 1.27 and a debt-to-equity ratio of 0.81.

First Pacific Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, October 7th. Investors of record on Thursday, September 11th were issued a $0.0709 dividend. The ex-dividend date was Wednesday, September 10th. This represents a yield of 335.0%.

First Pacific Company Profile

(Get Free Report)

First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and cellular networks.

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