Pacific Basin Shipping (OTCMKTS:PCFBY) Reaches New 1-Year Low – Here’s What Happened

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $4.40 and last traded at $4.40, with a volume of 236 shares. The stock had previously closed at $4.73.

Pacific Basin Shipping Price Performance

The company has a 50-day simple moving average of $5.38 and a 200-day simple moving average of $5.72. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.70 and a quick ratio of 1.29.

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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