Shares of First Pacific Co. (OTCMKTS:FPAFY – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $2.93, but opened at $3.0360. First Pacific shares last traded at $3.0190, with a volume of 6,121 shares.
First Pacific Price Performance
The company has a debt-to-equity ratio of 0.82, a current ratio of 1.55 and a quick ratio of 1.27. The stock’s 50-day moving average price is $3.17 and its 200-day moving average price is $3.34.
About First Pacific
First Pacific Company Limited is a Hong Kong-based investment management and holding company with principal interests in the Philippines and Indonesia. The company focuses on long-term investments in businesses serving consumer, communications, infrastructure and natural-resources markets.
Through its portfolio companies, First Pacific has exposure to branded food products and agribusiness through Indofood Sukses Makmur in Indonesia; telecommunications through PLDT in the Philippines; and infrastructure and utility-related businesses through investments associated with Metro Pacific.
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