Pacific Basin Shipping (OTCMKTS:PCFBY) Share Price Passes Below 50-Day Moving Average – Here’s What Happened

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $4.42 and traded as low as $4.36. Pacific Basin Shipping shares last traded at $4.48, with a volume of 2,887 shares traded.

Pacific Basin Shipping Stock Down 2.0 %

The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.13. The stock’s fifty day moving average is $4.42 and its two-hundred day moving average is $5.06.

About Pacific Basin Shipping

(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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