Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY – Get Free Report)’s stock price gapped up prior to trading on Wednesday. The stock had previously closed at $9.72, but opened at $10.00. Pacific Basin Shipping shares last traded at $10.00, with a volume of 257 shares changing hands.
Pacific Basin Shipping Trading Up 2.9%
The company has a debt-to-equity ratio of 0.02, a current ratio of 1.82 and a quick ratio of 1.33. The company’s 50-day moving average is $9.89 and its two-hundred day moving average is $8.53.
Pacific Basin Shipping Company Profile
Pacific Basin Shipping Limited is a Hong Kong-based dry bulk shipping company that owns, operates and charters vessels used to transport raw materials and other dry bulk commodities internationally. The company focuses primarily on the handysize and supramax/ultramax segments, which are suited to serving a broad range of ports and trade routes.
Its vessels carry a variety of minor bulk cargoes, including agricultural products, grains, forest products, steel products, cement, fertilizers, minerals and other industrial materials.
See Also
- Five stocks we like better than Pacific Basin Shipping
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
- How a Hurricane Could Help Some Refineries—and Hurt Others
- Intel Bets on Cheaper AI as Foundry Losses Mount
- Don’t Get NVIDIA’s Reflection AI Interest Wrong: Its Moat Could Deepen
Receive News & Ratings for Pacific Basin Shipping Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacific Basin Shipping and related companies with MarketBeat.com's FREE daily email newsletter.
