Pacific Basin Shipping (OTCMKTS:PCFBY) Sets New 12-Month Low – Here’s What Happened

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $3.39 and last traded at $3.39, with a volume of 8535 shares. The stock had previously closed at $4.42.

Pacific Basin Shipping Trading Down 23.3 %

The company has a quick ratio of 1.29, a current ratio of 1.70 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $4.33 and a two-hundred day moving average price of $5.01.

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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