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CLP (OTCMKTS:CLPHY) Stock Price Down 0.8% - Time to Sell?

CLP logo with Utilities background

CLP Holdings Ltd. (OTCMKTS:CLPHY - Get Free Report)'s stock price dropped 0.8% on Tuesday . The company traded as low as $8.27 and last traded at $8.27. Approximately 44,459 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 53,026 shares. The stock had previously closed at $8.34.

CLP Stock Down 0.5%

The stock's 50 day moving average is $8.43 and its two-hundred day moving average is $8.30. The company has a quick ratio of 0.48, a current ratio of 0.60 and a debt-to-equity ratio of 0.45.

CLP Cuts Dividend

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

CLP Company Profile

(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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