Pacific Basin Shipping (OTCMKTS:PCFBY) Sets New 1-Year Low – Here’s What Happened

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Free Report)’s stock price reached a new 52-week low on Thursday . The company traded as low as $4.31 and last traded at $4.52, with a volume of 744 shares. The stock had previously closed at $4.76.

Pacific Basin Shipping Trading Down 5.0 %

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 firm’s 50-day simple moving average is $5.22 and its 200 day simple moving average is $5.64.

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.

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