First Pacific (OTCMKTS:FPAFY) Shares Gap Down – Time to Sell?

First Pacific Co. (OTCMKTS:FPAFYGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $4.1897, but opened at $4.05. First Pacific shares last traded at $4.17, with a volume of 68,753 shares.

First Pacific Price Performance

The stock has a 50 day moving average price of $4.18 and a two-hundred day moving average price of $3.91. 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. Shareholders of record on Thursday, September 11th were given a dividend of $0.0709 per share. The ex-dividend date was Wednesday, September 10th. This represents a dividend yield of 335.0%.

About First Pacific

(Get Free Report)

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.

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