Pacific Basin Shipping (OTCMKTS:PCFBY) Sets New 52-Week High – Here’s What Happened

Pacific Basin Shipping Ltd. (OTCMKTS:PCFBYGet Free Report)’s share price hit a new 52-week high on Friday . The stock traded as high as $6.99 and last traded at $6.99, with a volume of 2283 shares trading hands. The stock had previously closed at $6.45.

Pacific Basin Shipping Trading Down 1.0%

The firm’s 50-day moving average price is $6.74 and its two-hundred day moving average price is $5.83. The company has a current ratio of 1.48, a quick ratio of 1.18 and a debt-to-equity ratio of 0.06.

About Pacific Basin Shipping

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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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