Precious Shipping Public (OTCMKTS:PSGFF) Trading Up 68.4% – Still a Buy?

Shares of Precious Shipping Public Company Limited (OTCMKTS:PSGFFGet Free Report) were up 68.4% during trading on Monday . The company traded as high as 0.42 and last traded at 0.33. Approximately 1,600 shares traded hands during trading, a decline of 22% from the average daily volume of 2,044 shares. The stock had previously closed at 0.19.

Precious Shipping Public Trading Up 68.4 %

The company’s fifty day simple moving average is 0.33 and its two-hundred day simple moving average is 0.25.

About Precious Shipping Public

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Precious Shipping Public Company Limited owns and operates dry bulk ships on a tramp shipping basis worldwide. The company is involved in the chartering and owning of ships, as well as invests in marine transportation and manages ships. It owns and operates 38 ships, including 9 Supramax, 8 Ultramax, and 21 Handysize with a total capacity of 1,657,579 deadweight tons.

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