The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY - Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.86 and traded as high as $0.95. Hong Kong and China Gas shares last traded at $0.95, with a volume of 768 shares.
Hong Kong and China Gas Price Performance
The company has a current ratio of 0.59, a quick ratio of 0.52 and a debt-to-equity ratio of 0.56. The business has a fifty day moving average of $0.86 and a 200 day moving average of $0.78.
Hong Kong and China Gas Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 9th will be paid a $0.0237 dividend. This is a positive change from Hong Kong and China Gas's previous dividend of $0.01. The ex-dividend date is Friday, June 6th. This represents a dividend yield of 4.8%.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Hong Kong and China Gas stock. Rhumbline Advisers grew its holdings in The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY - Free Report) by 26.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 131,441 shares of the company's stock after acquiring an additional 27,860 shares during the period. Rhumbline Advisers' holdings in Hong Kong and China Gas were worth $107,000 as of its most recent filing with the Securities & Exchange Commission.
Hong Kong and China Gas Company Profile
(
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The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in the provision of smart energy, piped city-gas, upstream and midstream projects, water supply and wastewater treatment, urban waste resource utilization, and natural gas filling stations, as well as new energy exploration and utilization activities.
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