First Pacific (OTCMKTS:FPAFY) Trading 0.5% Higher – Should You Buy?

First Pacific Co. (OTCMKTS:FPAFY)’s share price was up 0.5% during trading on Tuesday . The company traded as high as $4.19 and last traded at $4.1810. Approximately 17,131 shares traded hands during trading, a decline of 23% from the average daily volume of 22,294 shares. The stock had previously closed at $4.16.

First Pacific Stock Performance

The stock has a fifty day moving average of $4.19 and a 200 day moving average of $3.85. The company has a current ratio of 1.27, a quick ratio of 1.01 and a debt-to-equity ratio of 0.81.

First Pacific Cuts Dividend

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

First Pacific Company Profile

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.