Pacific Basin Shipping (OTCMKTS:PCFBY) Stock Crosses Above 50 Day Moving Average – What’s Next?

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4.28 and traded as high as $4.42. Pacific Basin Shipping shares last traded at $4.42, with a volume of 316 shares traded.

Pacific Basin Shipping Stock Performance

The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.29 and a current ratio of 1.70. The firm’s 50 day moving average price is $4.28 and its 200-day moving average price is $4.81.

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.

Further Reading

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