Shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $0.85, but opened at $0.77. Hong Kong & China Gas shares last traded at $0.75, with a volume of 4,100 shares.
Hong Kong & China Gas Price Performance
The company has a quick ratio of 0.60, a current ratio of 0.67 and a debt-to-equity ratio of 0.65. The business's fifty day moving average price is $0.86 and its 200 day moving average price is $0.79.
Hong Kong & China Gas Increases Dividend
The company also recently declared a dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 9th were paid a $0.0237 dividend. This represents a dividend yield of 4.8%. This is a boost from Hong Kong & China Gas's previous dividend of $0.01. The ex-dividend date was Friday, June 6th.
Hedge Funds Weigh In On Hong Kong & China Gas
A hedge fund recently raised its stake in Hong Kong & China Gas stock. Rhumbline Advisers grew its holdings in shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Free Report) by 26.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund 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 & China Gas were worth $107,000 as of its most recent SEC filing.
About Hong Kong & China Gas
(
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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