Pacific Basin Shipping Limited (OTCMKTS:PCFBY – Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $5.81 and traded as high as $6.74. Pacific Basin Shipping shares last traded at $6.74, with a volume of 2,638 shares traded.
Pacific Basin Shipping Stock Performance
The company has a 50-day simple moving average of $5.84 and a 200-day simple moving average of $5.83.
Pacific Basin Shipping Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, April 26th will be given a $0.1048 dividend. The ex-dividend date of this dividend is Thursday, April 25th.
About Pacific Basin Shipping
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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