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Pacific Basin Shipping (OTCMKTS:PCFBY) Stock Crosses Below 50-Day Moving Average - Here's What Happened

Pacific Basin Shipping logo with Transportation background
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Pacific Basin Shipping Limited (OTCMKTS:PCFBY - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4.24 and traded as low as $4.06. Pacific Basin Shipping shares last traded at $4.06, with a volume of 188 shares trading hands.

Pacific Basin Shipping Price Performance

The company has a 50-day moving average of $4.23 and a 200 day moving average of $4.93. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.29 and a current ratio of 1.70.

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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