Pacific Basin Shipping (OTCMKTS:PCFBY) Shares Gap Down – Here’s Why

Pacific Basin Shipping Ltd. (OTCMKTS:PCFBYGet Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $6.77, but opened at $6.4580. Pacific Basin Shipping shares last traded at $6.4580, with a volume of 184 shares traded.

Pacific Basin Shipping Trading Down 6.9%

The company has a current ratio of 1.48, a quick ratio of 1.18 and a debt-to-equity ratio of 0.06. The business has a fifty day moving average price of $6.73 and a two-hundred day moving average price of $5.74.

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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