First Pacific (OTCMKTS:FPAFY) Hits New 52-Week Low – What’s Next?

by · The Markets Daily

Shares of First Pacific Co. (OTCMKTS:FPAFYGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $3.01 and last traded at $3.0735, with a volume of 267410 shares traded. The stock had previously closed at $3.18.

First Pacific Trading Up 0.6%

The company has a current ratio of 1.44, a quick ratio of 1.18 and a debt-to-equity ratio of 0.80. The business has a fifty day moving average price of $3.36 and a 200 day moving average price of $3.46.

About First Pacific

(Get Free Report)

First Pacific Company Limited is a Hong Kong-based investment management and holding company with principal interests in telecommunications, infrastructure, food and consumer products, and natural resources. The company invests in and manages businesses primarily in the Philippines and Indonesia, with operations and investments serving broader Asian markets.

Its portfolio has included PLDT Inc, a major Philippine telecommunications provider offering mobile, fixed-line, broadband, and digital services; Indofood Sukses Makmur, an Indonesian food company involved in branded consumer products, agribusiness, distribution, and food processing; and investments associated with infrastructure and mining in the Philippines.

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