First Pacific (OTCMKTS:FPAFY) Shares Gap Down – Should You Sell?

Shares of First Pacific Co. (OTCMKTS:FPAFY) gapped down prior to trading on Tuesday . The stock had previously closed at $4.09, but opened at $3.8501. First Pacific shares last traded at $3.8501, with a volume of 122 shares traded.

First Pacific Price Performance

The company has a fifty day simple moving average of $4.13 and a two-hundred day simple moving average of $3.99. The company has a quick ratio of 1.01, a current ratio of 1.27 and a debt-to-equity ratio of 0.81.

First Pacific Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 7th. Investors of record on Thursday, September 11th were paid a $0.0709 dividend. This represents a yield of 335.0%. The ex-dividend date was Wednesday, September 10th.

First Pacific Company Profile

First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and cellular networks.