Pacific Basin Shipping (OTCMKTS:PCFBY) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Pacific Basin Shipping Limited (OTCMKTS:PCFBY – Get Free Report)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.33 and traded as high as $4.72. Pacific Basin Shipping shares last traded at $4.53, with a volume of 789 shares traded.

Pacific Basin Shipping Price Performance

The company has a current ratio of 1.70, a quick ratio of 1.29 and a debt-to-equity ratio of 0.13. The company has a 50 day moving average of $4.34 and a 200 day moving average of $4.79.

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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