CLP (OTCMKTS:CLPHY) Shares Gap Down - Time to Sell?

Shares of CLP Holdings Ltd. (OTCMKTS:CLPHY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $8.46, but opened at $8.12. CLP shares last traded at $8.22, with a volume of 3,006 shares.

CLP Trading Up 0.1%

The company has a quick ratio of 0.48, a current ratio of 0.60 and a debt-to-equity ratio of 0.45. The company has a 50 day simple moving average of $8.47 and a 200-day simple moving average of $8.29.

CLP Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 23rd. Stockholders of record on Wednesday, June 4th were paid a $0.0726 dividend. The ex-dividend date was Tuesday, June 3rd. This represents a dividend yield of 4.35%.

CLP Company Profile

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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