First Pacific (OTCMKTS:FPAFY) Shares Gap Down – What’s Next?

Shares of First Pacific Co. (OTCMKTS:FPAFYGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $4.17, but opened at $4.01. First Pacific shares last traded at $4.10, with a volume of 3,854 shares traded.

First Pacific Stock Performance

The stock’s 50 day moving average is $4.20 and its two-hundred day moving average is $3.75.

First Pacific Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, October 7th. Shareholders of record on Thursday, September 11th were paid a $0.0709 dividend. This represents a yield of 335.0%. The ex-dividend date was Wednesday, September 10th.

About First Pacific

(Get Free Report)

First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and cellular networks.

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