Pacific Basin Shipping (OTCMKTS:PCFBY) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Free Report)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.31 and traded as high as $4.60. Pacific Basin Shipping shares last traded at $4.40, with a volume of 2,629 shares.

Pacific Basin Shipping Price Performance

The company has a 50 day moving average price of $4.31 and a 200-day moving average price of $4.74. The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.13.

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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