Pacific Basin Shipping (OTCMKTS:PCFBY) Stock Price Passes Above Fifty Day Moving Average of $6.62

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $6.62 and traded as high as $6.68. Pacific Basin Shipping shares last traded at $6.68, with a volume of 1,313 shares traded.

Pacific Basin Shipping Price Performance

The firm’s 50 day moving average price is $6.66 and its two-hundred day moving average price is $6.13.

Pacific Basin Shipping Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 24th. Stockholders of record on Friday, April 26th were given a $0.1048 dividend. The ex-dividend date was 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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