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CLP (OTCMKTS:CLPHY) Trading Down 0.6% - Here's What Happened

CLP logo with Utilities background

CLP Holdings Limited (OTCMKTS:CLPHY - Get Free Report) shares dropped 0.6% on Friday . The company traded as low as $8.19 and last traded at $8.44. Approximately 43,076 shares changed hands during trading, a decline of 68% from the average daily volume of 133,103 shares. The stock had previously closed at $8.49.

CLP Price Performance

The business's fifty day moving average is $8.36 and its two-hundred day moving average is $8.30. The company has a current ratio of 0.70, a quick ratio of 0.56 and a debt-to-equity ratio of 0.43.

CLP Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 23rd. Stockholders of record on Wednesday, June 4th will be given a $0.0726 dividend. The ex-dividend date is Tuesday, June 3rd. This represents a dividend yield of 4.35%.

About CLP

(Get Free Report)

CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar.

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