Pacific Basin Shipping Limited (OTCMKTS:PCFBY – Get Rating) – Jefferies Financial Group lowered their FY2024 earnings estimates for shares of Pacific Basin Shipping in a report issued on Thursday, July 28th. Jefferies Financial Group analyst A. Lee now anticipates that the company will earn $3.40 per share for the year, down from their prior forecast of $3.60. The consensus estimate for Pacific Basin Shipping’s current full-year earnings is $3.41 per share.
Pacific Basin Shipping Price Performance
Shares of OTCMKTS:PCFBY opened at $9.12 on Monday. Pacific Basin Shipping has a 12 month low of $6.68 and a 12 month high of $12.53. The company’s 50-day moving average price is $8.79 and its two-hundred day moving average price is $9.51.
About Pacific Basin Shipping
Pacific Basin Shipping Limited, an investment holding company, provides dry bulk shipping services worldwide. It also offers shipping consulting, ocean shipping, crewing, secretarial, and agency and ship management services; and engages in the vessel owning and chartering, and convertible bonds issuing activities.
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