First Pacific (OTCMKTS:FPAFY) Hits New 52-Week High – Here’s What Happened

First Pacific Co. (OTCMKTS:FPAFY)’s share price hit a new 52-week high on Friday . The stock traded as high as $4.30 and last traded at $4.29, with a volume of 5419 shares changing hands. The stock had previously closed at $4.24.

First Pacific Price Performance

The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.07 and a current ratio of 1.35. The firm has a 50 day moving average price of $3.95 and a two-hundred day moving average price of $3.49.

First Pacific Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, July 10th. Shareholders of record on Tuesday, June 24th were paid a $0.0731 dividend. This is a positive change from First Pacific’s previous dividend of $0.07. The ex-dividend date was Monday, June 23rd. This represents a yield of 375.0%.

About First Pacific

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.