Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $9.75, but opened at $9.16. Pacific Basin Shipping shares last traded at $9.16, with a volume of 232 shares.
Pacific Basin Shipping Price Performance
The firm’s 50 day moving average price is $9.94 and its two-hundred day moving average price is $8.45. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.82 and a quick ratio of 1.33.
Pacific Basin Shipping Company Profile
Pacific Basin Shipping Limited is a Hong Kong-based international dry bulk shipping company. It owns, leases and operates a fleet of dry bulk vessels, with a focus on Handysize and Supramax vessels that transport a broad range of commodities.
The company provides seaborne transportation services for cargoes such as agricultural products, forest products, minerals, metals, coal and other minor bulk materials. Its vessels serve customers including commodity producers, traders and industrial companies, with voyages covering major global shipping routes.
Founded in 1987, Pacific Basin has developed an international operating network supported by offices and commercial activities in key maritime and commodity-trading centers.
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