First Pacific (OTCMKTS:FPAFY) Trading 0.5% Higher – Still a Buy?

First Pacific Co. (OTCMKTS:FPAFY)’s stock price was up 0.5% during mid-day trading on Tuesday . The company traded as high as $4.19 and last traded at $4.1810. Approximately 17,131 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 22,294 shares. The stock had previously closed at $4.16.

First Pacific Price Performance

The stock has a 50-day simple moving average of $4.19 and a 200-day simple moving average of $3.85. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.27 and a quick ratio of 1.01.

First Pacific Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, October 7th. Stockholders of record on Thursday, September 11th were issued a $0.0709 dividend. This represents a dividend yield of 335.0%. The ex-dividend date of this dividend was Wednesday, September 10th.

First Pacific Company Profile

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.