The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY - Get Free Report)'s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.82 and traded as low as $0.80. Hong Kong and China Gas shares last traded at $0.80, with a volume of 5,256 shares trading hands.
Hong Kong and China Gas Stock Down 0.7%
The company has a 50 day simple moving average of $0.83 and a 200 day simple moving average of $0.76. The company has a current ratio of 0.59, a quick ratio of 0.52 and a debt-to-equity ratio of 0.56.
Institutional Trading of Hong Kong and China Gas
A hedge fund recently raised its stake in Hong Kong and China Gas stock. Rhumbline Advisers increased its stake in The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY - Free Report) by 26.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 131,441 shares of the company's stock after purchasing an additional 27,860 shares during the quarter. Rhumbline Advisers' holdings in Hong Kong and China Gas were worth $107,000 at the end of the most recent quarter.
Hong Kong and China Gas Company Profile
(
Get Free Report)
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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