Pacific Basin Shipping Ltd. (OTCMKTS:PCFBY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $9.10, but opened at $9.90. Pacific Basin Shipping shares last traded at $9.90, with a volume of 168 shares.
Pacific Basin Shipping Stock Performance
The company has a debt-to-equity ratio of 0.02, a current ratio of 1.82 and a quick ratio of 1.33. The business’s 50-day moving average is $9.96 and its two-hundred day moving average is $8.38.
About Pacific Basin Shipping
Pacific Basin Shipping Limited is a Hong Kong-based international dry bulk shipping company. It owns, leases and operates a fleet of dry bulk vessels, with a focus on Handysize and Supramax vessels that transport a broad range of commodities.
The company provides seaborne transportation services for cargoes such as agricultural products, forest products, minerals, metals, coal and other minor bulk materials. Its vessels serve customers including commodity producers, traders and industrial companies, with voyages covering major global shipping routes.
Founded in 1987, Pacific Basin has developed an international operating network supported by offices and commercial activities in key maritime and commodity-trading centers.
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