First Pacific (OTCMKTS:FPAFY) Hits New 1-Year Low – Here’s What Happened
by Kim Johansen · The Markets DailyFirst Pacific Co. (OTCMKTS:FPAFY – Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $3.05 and last traded at $3.1350, with a volume of 2338 shares traded. The stock had previously closed at $3.12.
First Pacific Trading Up 1.5%
The business has a fifty day moving average price of $3.44 and a 200 day moving average price of $3.74.
About First Pacific
First Pacific Company Limited is a Hong Kong-based investment management and holding company with a focus on Asia. Since its establishment in 1981, First Pacific has built a diversified portfolio of investments in consumer food products, infrastructure, natural resources and telecommunications. The firm’s strategy centres on acquiring substantial minority interests in companies with strong regional positions and working collaboratively to drive sustainable growth and shareholder value.
In the consumer products sector, First Pacific’s principal holding is in Indofood, one of Indonesia’s largest vertically integrated food companies, known for branded noodles, flour, cooking oils and dairy products.