First Pacific (OTCMKTS:FPAFY) Sees Strong Trading Volume – Time to Buy?

First Pacific Co. (OTCMKTS:FPAFYGet Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 38,180 shares were traded during 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 stock has a fifty day moving average price of $4.15 and a two-hundred day moving average price of $3.96. The company has a current ratio of 1.27, a quick ratio of 1.01 and a debt-to-equity ratio of 0.81.

First Pacific Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, October 7th. Stockholders of record on Thursday, September 11th were paid a dividend of $0.0709 per share. The ex-dividend date was Wednesday, September 10th. This represents a dividend 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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