Shares of Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $8.6215, but opened at $8.32. Pacific Basin Shipping shares last traded at $8.32, with a volume of 266 shares changing hands.
Pacific Basin Shipping Price Performance
The company has a current ratio of 1.82, a quick ratio of 1.33 and a debt-to-equity ratio of 0.02. The business’s fifty day moving average price is $9.70 and its 200 day moving average price is $8.54.
About Pacific Basin Shipping
Pacific Basin Shipping Limited is a Hong Kong-based international dry bulk shipping company. It owns and operates vessels that carry commodities for customers around the world. The company focuses on Handysize and Supramax dry bulk ships, which serve a range of ports and cargo needs. Its vessels transport products such as agricultural goods, minerals, steel products and other dry bulk commodities. Founded in 1987, Pacific Basin has developed a global shipping business serving customers across major trade routes.
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