Pacific Basin Shipping (OTCMKTS:PCFBY) Stock Passes Above 50 Day Moving Average of $5.81

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Free Report)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.81 and traded as high as $6.74. Pacific Basin Shipping shares last traded at $6.74, with a volume of 2,638 shares traded.

Pacific Basin Shipping Trading Up 0.7 %

The company has a 50-day moving average price of $5.81 and a 200-day moving average price of $5.82.

Pacific Basin Shipping Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 24th. Stockholders of record on Friday, April 26th will be issued a dividend of $0.1048 per share. The ex-dividend date is Thursday, April 25th.

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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